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  • Writer's pictureFlow Australia

Thousands of homes ready to be built under $10b fund

A $10 billion housing fund which will build tens of thousands of social and affordable homes for vulnerable Australians is kicking off.

Vulnerable Australians are a step closer to having a place to call home under a $10 billion housing fund.

The Albanese government's signature Housing Australia Future Fund will start on Wednesday.

The fund will help deliver 30,000 social and affordable rental homes within the next five years.

Returns from the fund will also deliver the government's commitment to address crisis areas in the housing system.

This includes providing support to remote Indigenous communities, women and children fleeing family violence, older women at risk of homelessness and Australia's defence force veterans.

Housing Minister Julie Collins said the beginning of the fund marked another important milestone.

"This will mean more Australians have a safe and affordable place to call home," she said.

"The Housing Australia Future Fund is just one part of our ambitious housing reform agenda, which is already making a real difference right across the country."


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