First projects announced under the Queensland Government’s $1b Housing Investment Fund

BHC were pleased to join the Queensland Government recently to celebrate the first two successful projects to be funded under the State’s $1 billion Housing Investment Fund. The announcement was made in early May 2022 by the Hon. Cameron Dick, Queensland Treasurer and Minister for Trade and Investment, and supported by the Hon. Leeanne Enoch, Minster for Communities and Housing and the Hon. Yvette D’Ath, Minister for Health and Member for Redcliffe.

With a combined construction value of $50 million, these projects will deliver 118 new social and affordable homes for Queenslanders in housing need. This includes 84 homes at Redcliffe designed for seniors who are struggling to make ends meet and downsizers whose current public housing property no longer meets their needs, as well as a mixed tenure community of 34 social and affordable homes in Chermside designed for essential workers and households who are eligible for assistance through the Queensland Housing Register.

BHC Chief Executive Officer Rebecca Oelkers said the state government’s support for these projects was crucial to bringing them to life.

“These new social and affordable homes will help to provide stability and hope for Queenslanders in housing need. BHC recognises the important investment made by the state government under the Housing Investment Fund and we’re proud of our partnership on these two developments, ” Ms Oelkers said.

Construction on the Chermside development is due to commence later this year, with the Redcliffe development due to be underway mid 2023.

Read the Queensland Government’s joint statement.