More than $36 million has been injected into the NT economy through the Territory Labor Government’s $100 million Public Housing Stimulus Program.
Launched a year ago, the initiative has been a huge boost to the construction industry with tradies, small businesses and suppliers reaping the benefits.
The program delivers construction, renovation, repairs and maintenance to public housing properties including plumbing, electrical, painting, roofing, fencing and security installations.
So far nearly 1000 homes across the Northern Territory have received works and 348 local businesses have been awarded one or more contracts.
Around $43 million worth of work has been committed with a further $34 million currently in the pipeline.
This week the Department of Local Government, Housing and Community Development has hosted industry briefings throughout the Territory to update the construction sector on the progress of the Stimulus program.
As noted by Minister for Local Government, Housing and Community Development, Gerry McCarthy.
“Jobs and housing are key priorities for the Territory Labor Government and our $100 million Public Housing Stimulus delivers on both fronts.
“We are providing safe secure housing for our most vulnerable Territorians and investing in our local construction industry.
“This Stimulus program adds to our investment in housing in urban, regional and remote areas right across the NT and is unsurpassed by any other Territory government.”