Delivering social and affordable homes in Australia

Delivering social and affordable homes in Australia

The Federal Government has approved 12 projects to deliver over 800 social and affordable homes in Australia. Read this week's edition of BDO's insights to learn more about its impact on the Australian housing crisis.

Addressing the Australian housing crisis

The Australian housing crisis is a pressing issue that demands innovative solutions and collaborative efforts. The Federal Government's Housing Australia Future Fund (HAFF) and National Housing Accord Facility (NHAF) are at the forefront of this initiative. Recently, 12 project contracts were approved under HAFF Funding Round One, paving the way for over 800 social and affordable homes. This initiative is a positive step towards the national target of 40,000 social and affordable homes over the next five years.

Why does this initiative matter?

  • Social impact: Providing affordable housing helps reduce homelessness and supports vulnerable populations.
  • Economic benefits: Construction projects create jobs and stimulate the economy.
  • Community wellbeing: Access to stable housing improves health, education, and overall quality of life for residents.

There is still time for preferred applicants from Round One of the HAFF funding to enter into funding agreement with Housing Australia, with the deadline set for 30 June 2025.?

The Australian housing crisis is a complex issue that requires coordinated efforts from all levels of government, industry stakeholders, and the community. By addressing both supply and demand factors, and through strategic partnerships and planning, we can work towards a more equitable and sustainable housing market for all Australians.?

?? To learn more about these initiatives and their impact, read the full article.

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Upcoming events and webinars

Visit our website to see more upcoming events and webinars from BDO in Australia.

Launch of the BDO Centre for Education

Tuesday 25 February, 4:30pm - 6:00pm AEST

Join us at the BDO Centre for Education launch event and be part of an exciting initiative designed to foster innovation and excellence in education. Don't miss this opportunity to collaborate with experts and stakeholders to shape the future of education in Australia.

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The Wealth Space webinar series: Super contributions

Wednesday 5 March, 11:00am - 12:00pm AEDT

Join us for our first Wealth Space webinar for 2025. Hear from our private wealth experts as they share insights, tips and tricks for building your superannuation, and strategies to consider before 30 June. Learn about super contribution types and contribution limits, and how to ensure the good hygiene of your superannuation accounts.

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