More Affordable Homes For Key Workers In Sydney

Australian Treasury

Work has begun on a new housing development supported by the Albanese Labor Government that will deliver more affordable homes for key workers in Schofields.

The development will include more than 100 homes, with 30 per cent set aside as affordable homes for key workers like teachers, nurses and frontline workers.

The project's affordable homes are possible because of more than $8 million in funding provided by the Albanese Labor Government's Housing Australia.

Civil works to support the new housing development are underway, with roads, utility services and landscaping expected to be completed by the end of 2024. Construction of the new homes is expected to start in 2025.

The Albanese Labor Government is focused on delivering more homes like this across the country with an ambitious national target to build 1.2 million homes.

We're working with states and territories like New South Wales to help meet this target.

The Albanese Labor Government has committed more than $25 billion in new housing investments over the next decade to help deliver more homes.

This will mean more homes for home buyers, more homes for renters and more homes for Australians who need them.

The Albanese Labor Government has already delivered $610 million to New South Wales through the Social Housing Accelerator, which will help to build around 1,500 new social homes across the state.

Quotes attributable to Minister for Housing, Julie Collins MP:

"We're working across governments to help build more homes."

"This project, and our partnership with the New South Wales government, is a fantastic example of this - with more well‑located affordable homes for key workers."

"With $25 billion in new housing investments over the next decade, we'll be able to deliver even more homes like this in New South Wales and across the country."

Quotes attributable to Federal Member for Greenway, Michelle Rowland MP:

"This new project is just another way the Albanese Government is delivering affordable housing for more Australians, particularly for essential workers in North‑West Sydney."

"This important investment will assist more key workers to have a safe and affordable place to call home."

"I look forward to continuing to work with Minister Collins and the New South Wales Government to deliver more affordable housing solutions for people looking to call Greenway home."

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