Jacquie Petrusma, Minister for Human Services
Peter Gutwein, Treasurer
Affordable Housing Investment a 550 Jobs Boost for State’s Building Industry
23 September, 2015
The Tasmanian Liberal Government’s Affordable Housing Action Plan will do more than provide homes for vulnerable Tasmanians; it will give a boost to our building industry, creating up to 550 new jobs.
Our Action plan when fully rolled out will provide housing to about 1600 vulnerable households over the next four years, with 900 new homes.Based on industry benchmarks, delivering our plan will also create up to 550 full-time equivalent jobs and increase economic activity by $235 million.
The plan will begin with an immediate $13.5 million investment in housing initiatives, coming on top of the $9.3 million in new projects included in the 2015-16 Budget.
Much of this additional funding will directly deliver new construction activity, such as the Private Developer Social Housing Grants, which will see $5 million allocated to purchasing 20 new homes from local builders and developers.
The $2.5 million Shovel Ready Housing Supply initiative, which will build at least 12 new homes for older Tasmanians and people living with disability, and the Dads & Kids Accommodation Facility ($2.5 million) and Youth at Risk Response Centre ($1.4 million) will likewise provide work for Tasmanian builders.
The Community Housing Stock Leverage Program, meanwhile, will aim to facilitate the construction of 150 new homes.
All of this is additional to existing investment, and it all translates to a significant stimulus for our building industry. This is a diverse industry that employs a host of trades and is supplied by a range of businesses, big and small.
Importantly, the building activity will be seen right across Tasmania, meaning the benefits are shared across the State.
Copies of the Strategy and Action Plan are now publicly available on the Department of Health and Human Services website. The web address will be www.dhhs.tas.gov.au/tasmanian_affordable_housing_strategy