$1.8 billion Queensland Housing Strategy delivers for the Gold Coast
The Palaszczuk Government’s $1.8 billion Queensland Housing Strategy is set to deliver comprehensive support for Gold Coast locals, from homelessness to homeownership.
$110 million for new homes on the Gold Coast
Visiting the Gold Coast today Minister for Communities Shannon Fentiman said the ten year Queensland Housing Strategy was spearheaded by a construction jobs program that would revitalise housing across the city.
“Through the Queensland Housing Strategy the Palaszczuk Government is investing $110 million to build 392 new homes in the Gold Coast over the next five years,” Ms Fentiman said.
“The Gold Coast has had a significant pipeline of construction work through the Commonwealth Games.
“This $110 million investment will see that pipeline continue for small, medium and large construction businesses, supporting 63 full time construction jobs each year over the five years.
“The Gold Coast is a growing city and this significant investment will help support vulnerable Queenslanders, especially seniors, people with disability and women and children escaping domestic and family violence.”
First Home Buyers Grants
Treasurer and Minister for Trade and Investment, Curtis Pitt, said the Palaszczuk Government’s $20,000 Queensland First Home Owners’ Grant was helping tackle housing affordability.
On the Gold Coast, 1450 locals have received a grant or made an application up until the 31 May 2017.
“In last year’s State Budget I boosted the Queensland First Home Owners’’ Grant from $15,000 to $20,000,” Mr Pitt said.
“This is helping Queenslanders buy their first home while also supporting jobs in our building industry and related sectors.
“The grant was to end on 30 June but in last week’s Budget I provided $30 million to extend its availability to the end of December.
“The latest figures show 4,900 grants worth $98 million have been paid out since the program started in July last year.
“In addition there are almost 500 applications for the grant being processed.”
Mr Pitt said the $20,000 Queensland First Home Owners’ Grant was available to help buy newly constructed houses or apartments up to the value of $750,000.
“I urge anyone considering buying their first home to look into the grant and make a decision before the end of the year,” he said.
For information visit the Queensland First Home Owners’ Grant website.
$8.5 million in homelessness funding
The Palaszczuk Government is also providing $8.5 million of homelessness funding to support Gold Coast’s most vulnerable.
Minister for Housing and Public Works Mick de Brenni said the funding would support the women and men on the frontline of homelessness support to make a real difference.
“This $8.5 million in homelessness funding will help organisations across the Coast provide services for people who are sleeping rough, couch surfing or at risk of homelessness,” Mr de Brenni said.
“Our $1.8 billion Queensland Housing Strategy is about a lot more than just building new homes. We are improving support and transforming services to open up better housing pathways for all Queenslanders.”
Five year homelessness agreements
Mr de Brenni said that he was backing in the investment in housing and homelessness by supporting service providers with longer agreements.
“Working on the frontlines of homelessness is one of the toughest jobs in the state and the traditional practice of short-term funding agreements makes that job even tougher,” he said.
“These longer agreements will give those people on the frontlines certainty around their jobs, allowing their organisations to better plan for the future.
“It’s about job security, it’s about funding certainty and it’s about providing a better outcome for vulnerable people on the Gold Coast.”
Mr de Brenni said helping Queenslanders into housing provided families with security also created jobs in housing construction and for tradies, including carpenters, electricians and plumbers.