Jobs and housing bonanza
Source: Queensland. Minister for Community Services and Housing and Minister for Women. Media Release
"Work is underway on the biggest-ever investment in social housing infrastructure since the Chifley era and Housing Minister Karen Struthers is urging local builders and developers on the Gold Coast to put their bids in for their share. Minister Struthers inspected work on a housing site in Southport, being built by the Gold Coast Housing Company, as part of the National Rental Affordability Scheme. “This housing site is being funded by subsidies from the Federal and State Governments so that companies like the Gold Coast Housing Company can provide low-cost housing for people who need a roof over their head. “The Federal Government provides a subsidy of $6,000 for each dwelling and the State Government contributes $2,000 towards the project. “That way, rents can be set at or below 80% of market rents. It’s a win for people who rely on low-cost housing and it’s a win for local builders."