Shovel-ready affordable housing projects receive $50 million boost

Hundreds of new homes will be built to support individuals and families who need them most as part of the recently announced $50 million expansion of the NSW Government's Community Housing Innovation Fund (CHIF).

Minister for Families, Communities and Disability Services Alister Henskens said the program will deliver more than 270 new homes in partnership with 14 community housing providers.

"Projects being delivered under this round of funding focus on women over the age of 55, rough sleepers and people with disability," Mr Henskens said.

"This program is unlocking new and exciting development opportunities by partnering with the community housing sector, adding to the strong pipeline of new housing being delivered to support vulnerable people."

The investment to bolster housing supply was made as part of the NSW Government's COVID-19 economic recovery strategy.

The NSW Government's $50 million contribution to the 14 projects through the latest round of the CHIF will support community housing providers to deliver $116 million worth of housing.

Community Housing Industry Association CEO Mark Degotardi said the funding would enable community housing providers to start construction on shovel-ready projects.

"The CHIF highlights the role the community housing sector plays in partnering with Government to deliver more social and affordable housing," Mr Degotardi said.

"These projects will create jobs in communities across the State and will provide safe and secure housing for people who need them most when complete."

The CHIF is a $150 million program delivering more social and affordable housing in partnership with Community Housing Providers across NSW.

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