Information on the Social Housing Initiative, part of the Nation Building - Economic Stimulus Plan.
In February 2009, the Commonwealth announced the provision of additional funding for social housing under the Nation Building - Economic Stimulus Plan. This initiative will provide funding of $5.238 billion over three and a half years from 2008-09 to 2011-12 for the construction of new social housing and a further $400 million over two years for repairs and maintenance to existing social housing dwellings. The Initiative is being conducted in partnership with the state and territory governments and is designed to assist low income Australians who are homeless or struggling in the private rental market. It will provide a boost to public housing and housing administered by the not-for-profit community sector.