In a huge boost for jobs and small businesses, the Territory Labor Government has invested an additional $100 million into housing repairs and maintenance.
The new Stimulus program, announced by Chief Minister Michael Gunner and Minister for Housing and Community Development Gerry McCarthy today, follows on from the successful $69 million Stimulus announced in February.
This program saw work carried out at more than 3000 homes by around 220 contractors across the NT, providing a much needed boost to local tradies this year.
The program saw more than 250 vacant properties returned to public housing stock as part of a plan to increase housing, support Territory business and create jobs.
The new $100 million program will continue to deliver major and minor works to urban public housing properties across the Northern Territory including construction, plumbing, electrical, painting, roofing, fencing and security installations.
Renovation and maintenance works are expected to improve living conditions and increase the life span of housing stock by around 20 years.
As noted by Chief Minister, Michael Gunner:
This is a $100 million shot in the arm for our construction industry particularly local tradies and contractors in the lead up to the traditionally quiet Christmas period.
My number one priority is to create local jobs and this is a $100 million immediate job-creating stimulus package to help keep our local tradies in work and help subcontractors keep workers employed.
As noted by Member for Housing and Community Development, Gerry McCarthy:
Jobs and housing are key priorities for the Territory Labor Government and this program will add to our record investment in housing and our commitment to supporting small businesses and creating jobs.
Investing in public housing right across the NT to create safe, secure housing for our most vulnerable Territorians while proactively boosting small businesses is not just the smart thing to do, its the right thing to do.
The great result from the $69m Stimulus allowed for significant scoping that will support this second stage urban public housing stimulus program.