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The Canberra Times
The Canberra Times
National
Jasper Lindell

'Generational shift': record housing spend touted as ACT budget centrepiece

Community housing providers will be offered financial guarantees designed to lower the cost and speed up building homes as part of a "generational shift" in funding the ACT government believes will support an extra 1000 affordable dwellings.

Treasurer Chris Steel said the centrepiece of next week's ACT budget would be a $641 million investment in affordable, community and public housing, saying the investment was the largest ever in the ACT.

"In uncertain economic times, it is really important to have more homes that are available to provide stability and certainty for Canberra households," Mr Steel said.

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