© Housing First
Housing First recently launched the first stage of its Halcyon senior citizens residential village project, in Brighton East. The $76.7 million redevelopment comprises $48.9m from the State Government led Big Housing Build, $5m from NHFIC in grants and loans for infrastructure works and $22.8m from Housing First, inclusive of the $18.5m land contribution.
The completion of stage 1 has seen 36 residents move into their brand-new homes. These units are part of a larger plan to provide 152 architect-designed social housing units for over-55s. The project involves rebuilding and expanding the old 69-unit seniors’ accommodation, originally built in 1974.
Stage 2 of the development will include the construction of two new buildings on the site, which are due to be completed in Spring 2024. Once Stage 2 is complete, an additional 116 units will be available for social housing residents. After the completion of Stage 2, the remaining residents will return to their newly constructed homes, along with around 100 additional over-55 residents from the Victorian Housing Register.
This project is a great example of what can be achieved when the community housing sector works in partnership with State, Federal and Local governments, providing much-needed social housing for senior community members.
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