The first residents are moving into Big Housing Build homes.
The Big Housing Build is just six months old, but already more than 240 homes are ready to become homes, with some residents already moved in.
These homes are part of the more than 1,100 houses that have already been purchased or started construction so far.
This investment includes six fast-start projects – in Ascot Vale, Ashburton, Flemington, Hawthorn, Richmond and West Heidelberg – where planning or pre-construction work to build more than 1,000 homes and create more than 4,000 jobs is well underway.
A further 480 social and affordable homes are planned for sites at Collingwood and South Yarra, with the two projects expected to generate more than 2,000 new jobs.
A further 150 homes are being delivered in Ballarat, and are expected to create 450 jobs – the first regional project under the program.
The $5.3 billion Big Housing Build is the largest single investment in social and affordable housing in Australia’s history and will deliver more than 12,000 new homes across Victoria.
This historic investment will boost Victoria’s social housing supply by 10 per cent, while creating 10,000 jobs per year over the next four years.
The Big Housing Build is investing $1.25 billion in regional areas – ensuring the economic and social benefits of the program are felt in communities across the state.
“Our Big Housing Build is not only providing a roof over the head of vulnerable Victorians who need it – it’s creating thousands of local jobs and supporting our state’s economic recovery,” said Minister for Housing Richard Wynne.