In NSW we have Australia’s largest social housing portfolio of 125,000 properties. Funding is needed to maintain these properties, extend the life of ageing homes and provide a better experience for residents.
The 2022 Housing Package will provide $337 million in funding for a capital maintenance program, as well as acquire and build new homes through the Together Home Transition Program.
$300 million will go toward capital maintenance works for more than 15,800 NSW Land and Housing Corporation owned social housing properties over the next 3 years, improving the condition and quality of homes, reducing future maintenance costs and addressing cost of living.
Maintenance upgrades include:
- kitchen, bathroom and roof replacements
- modifications to improve accessibility – so our homes can better support people with a disability and older people to keep living at home.
- fire safety upgrades to keep our tenants safe.
This investment in capital maintenance will extend the life of around 455 homes and support around 900 construction services jobs.
Find out more about the capital maintenance initiative including what is being delivered, who will benefit and milestones.
The Together Home Transition Program is an important NSW Government investment that supports the Premier’s Priority to halve street homelessness by 2025.
The $177.5 million program will deliver 250 new social homes, helping prevent rough sleepers from having to return to the streets. This includes 130 homes funded previously, and $37 million for 120 homes funded by the 2022 Housing Package.
The Together Home Transition Program was first launched in July 2020 during the COVID-19 outbreak to uphold the NSW Government’s commitment to keeping rough sleepers safe during the pandemic.
This program will be delivered by community housing providers in partnership with the Department of Communities and Justice through the Community Housing Innovation Fund approach.
Since March 2020, the NSW Government has invested over $1 billion in homelessness and social housing through COVID related stimulus measures.
NSW continues to invest more than any other state or territory.