The Victorian Social Housing Growth Fund delivers additional supply of social housing.
Community housing providers will receive $1.38 billion of the Big Housing Build investment, delivered through the Social Housing Growth Fund over the next 4 years.
There is specialised expertise in the design, construction and management of social housing across the community housing sector.
This investment builds on the progress already made over the last few years to increase funding to the sector.
In 2018, the Victorian Government established the Social Housing Growth Fund with $1 billion to support partnerships between government and the community housing, private and not-for-profit sectors.
There are more than 780 dwellings currently under development or procurement as a result of the first round of Social Housing Growth Fund investment.
The Social Housing Growth Fund will be the vehicle for allocating new funds to suitable projects proposed by the community housing sector.
Commissioning, procurement and performance management of the programs under the Social Housing Growth Fund will be undertaken by Homes Victoria and the Department of Treasury and Finance to maintain alignment with statewide social housing policy and portfolio objectives.
Reviewed 15 November 2020