A government housing initiative looks to create over 1,700 jobs by funding the refurbishment of 1,500 homes and the creation of 250 new Government housing dwellings.
The Western Australia State Government’s Social Housing Economic Recovery package will inject $319 million into its economy as it looks to kick on following the impacts of COVID-19.
$141.7 million will go towards refurbishments for 1,500 of WA’s ageing housing stock whilst an $80 million regional maintenance program will see 3,800 homes in rural WA benefit from the government support.
The stimulus aims to breathe new life into the WA housing sector and ensure future employment for workers including builders, suppliers and tradespeople.
Premier Mark McGowan said: “We know that the housing construction sector has been doing it tough during the COVID-19 pandemic, and this package will help get people back to work while stimulating the State’s economy.
“It will create a pipeline of work, particularly for workers in regional WA, who will benefit from the ongoing maintenance program and stimulate economic activity in regional towns,” Premier McGowan said.
It will also deliver much needed refurbishments to our social housing stock and comes on top of the significant Housing and Homelessness package announced last year.Premier McGowan
WA Housing Minister, Peter Tinley, said: “The various elements of this package are designed to provide a pipeline of work for the building sector to support it through this difficult period.
It will also result in more liveable, modern homes for tenants and improve the overall lifespan of our social housing stock – a publicly-owned asset with an estimated worth of about $14 billion.WA Housing Minister, Peter Tinley
“The beauty of the refurbishment and the regional maintenance aspects of this social housing economic recovery package is that they can start straight away and give small businesses, contractors, builders and tradespeople the chance to stay in work and keep their employees on board,” Mr Tinley said.