The Tasmanian Government’s $3.1 billion construction blitz has confirmed yet again that we are delivering on our commitment to increase the supply of social and affordable housing in Tasmania.
There is no doubt that housing will play a key role in our economic and social recovery from COVID-19, and today’s announcement will create jobs, stimulate our economy, and provide more affordable and social housing for Tasmanians in need.
Our successful social housing program has delivered over 400 new social houses for Tasmanians in the 12 months to April, with around 250 more under construction, and we are investing another $100 million to construct up to 1000 new social houses over the next three years.
We will also broaden the eligibility requirements for our successful HomeShare program, with a $9.3 million commitment to allow even more Tasmanians to reduce the initial cost of buying a house and the monthly cost of owning it.
And, we will extend the existing $20,000 First Home Builder’s grant to eligible new owner occupier builds until the end of the year. This means there is $45,000 available for first home owners and owner occupier builds, when combined with the Federal Government’s $25,000 homebuyers grant.
That’s in addition to other measures that will boost the housing supply right across the state, such as bringing forward by a year the construction of 220 new homes under community housing grants