Social Housing’s Impossible Mission…

Victoria set to bring in social housing ‘contribution’ The state will introduce a new Social and Affordable Housing Contribution on certain developments from July 2024, it has been announced.

The Andrews government has announced that, from July 2024, all newly built developments with three dwellings or more, or of three or more residential lot subdivisions, will need to contribute 1.75 per cent of the market value of the completed project to the Social Housing Growth Fund.

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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