ACT budget tips $312m into social housing build-out
The territory's mid-year update brings forward funding for 600 new public housing dwellings, most of them in Gungahlin and Molonglo.
By The Brief21 June 20264 min read AI assisted
Photo: Benny SamuelProperty
Photo: Benny Samuel via Unsplash.
The Treasurer's mid-year update, handed down on Tuesday afternoon, accelerates $312 million of social housing spending into the next two years.
Roughly 600 dwellings are funded, with the biggest single allocation going to a Molonglo Valley build-to-rent pilot and a Gungahlin redevelopment of three ageing walk-up blocks.
The Greens welcomed the announcement but pushed for a faster timetable on the 1,000-home Common Ground style supportive housing target.
Industry groups noted the ACT's construction pipeline is already tight, and asked whether the procurement could be staged to avoid bidding up local trades.
Share
Related stories
Free weekly events digest
Get the week's best events in your inbox.
One free email every Thursday with the best gigs, markets, food and family things to do in Canberra. No spam, unsubscribe anytime.
Free. Independent. No paywall, ever. We send a confirmation link before adding you.