Professionals Real Estate SA government commits to low-cost housing options
The South Australian government is continuing to prove its dedication to social welfare. They are committing more funding to expand the state’s community housing options.
Following the opening of Common Ground facilities in various locations around SA in recent months, Minister for Social Housing Tony Piccolo announced last month that a $20 million package will boost the building industry and provide over 120 new and affordable homes.
A total of nine community home providers will be allocated a portion of the package. Mr Piccolo stated that the funding will benefit both the state’s builders and its vulnerable citizens and as a result, the supply of affordable rental options in South Australia will increase, while at the same time low income households will see lower rental costs.
A mix of metropolitan and rural areas around the state will see new, affordable homes being built. This includes Woodville Gardens, Flinders Park, Andrews Farm and Murray Bridge.
The construction of the houses is scheduled to be completed by the end of 2014.
Professionals SA CEO, Ted Piteo, said Government involvement in community housing was always welcomed by the real estate industry, and would be appreciated by consumers.
