Common Equity Housing Limited (CEHL) is undertaking a seven-story co-operative development in Brunswick that will provide 16 apartments for low-income households.
The State Government’s Victorian Property Fund provided $4.29m for the project, which will enable residents to share a communal rooftop garden, laundry facilities and greenhouse. A commercial tenant will be on the ground floor of the development that will be built on Wilson Street, close to public transport.
The building and dwellings are designed to the Victorian Government Better Apartment design standards by Genton Architects for enhanced thermal performance and low ongoing running costs for households.
CEHL Chair Heidi Lee says, ”The funds from the Victorian Government, Victorian Property Fund grants program has enabled a welcome increase in affordable, environmentally-sustainable co-operative housing for Common Equity Housing.
‘Wilson Avenue is a high quality development that will enhance the CEHL Co-operative Housing housing portfolio.’
Completion is expected in 2021.