WA government to allocate an extra $875 million to social housing in 2021-22 state budget
Updated: Sep 23, 2021
The West Australian government has announced it will allocate an extra $875 million towards social housing
The funding comprises a $750 million social housing investment fund — most of which will be spent on new social houses in the following 2022-23 financial year, with the remaining $228 million to be spent on short-term projects.
In total, more than $2.1 billion will be spent on social housing over four years, to build about 3,300 new properties.
WA Premier Mark McGowan said the $875 million represented a record increase in the social housing budget.
Key points:
The majority of the funds will be spent on a new investment fund
In total, $2.1 billion will be spent on social housing over four years
About 3,300 new homes will be created, with others repaired
Representatives from WA's social services sector welcomed the announcement, while calling for more detail
See further information here