The Albanese Labor Government is building Australia's future, giving the green light for critical infrastructure to support nearly 60,000 new homes and make more than 100 social houses available across New South Wales.
We are providing $304.3 million to support housing development across the state, as part of our Housing Support Program.
The Albanese Government's investment includes $76.1 million to boost social housing in key growth areas including Parramatta, Blacktown, Campbelltown, Randwick and Albury.
It also includes $228.2 million for five public place projects that will open up much-needed green and community spaces across the greater Sydney area.
The new public space projects will be delivered under the NSW Government's Parks for People program, which will be implemented over three successive phases with Bankstown, Bella Vista and Kellyville all included in the first stage.
Working in partnership with the Minns Labor Government, projects have been selected in the state's Transport Oriented Development (TOD) Accelerated Precincts to deliver parks and shared community spaces in high-priority growth areas.
This will fill an essential piece of the puzzle by delivering green space in the city's new urban precincts, providing places to exercise, rest and socialise. It means more homes, more jobs and more public parks within walking distance of accessible transport.
This will create capacity for nearly 60,000 homes and 120,000 jobs around major metro and rail stations, including mandatory affordable housing.
Our latest funding builds on more than $182 million already allocated across NSW for enabling infrastructure works such as roads, sewage and water, and to support new homes with connections to transport links and open spaces.
We're also investing $610 million into NSW via the Social Housing Accelerator Fund, which is funding many of the state's shovel-ready social housing projects.
This is part of the Albanese Government's $32 billion Home of Your Own Plan to meet the ambitious national target of building 1.2 million new, well-located homes over the next 5 years.
Quotes attributable to Federal Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King:
"We're turbocharging housing supply by delivering the infrastructure New South Wales needs.
"A place to call home is fundamental, but for too many Australians has been out of reach.
"Addressing housing shortages will take all levels of Government to respond, which is why we're working in lockstep with the Minns Labor Government to fast-track housing development across the state.
"This means more homes, more jobs and more green space in well-located, well-connected growth areas."
Quotes attributable to Federal Minister for Housing and Homelessness Clare O'Neil:
"This investment shows just how important it is to have a Commonwealth Government that works in coperation with State governments - like the Minns Government - to deliver more well located houses for more people.
"We're starting the largest house build in Australian history. We have an ambitious target for 1.2 million new homes and we're delivering 55,000 social and affordable rental homes. We're directly investing in building new homes - just like we used to.
"We are tackling this housing crisis from every angle, which includes working closely with States and Territories to make sure there is critical infrastructure to support homes in a cities and regions."
Quotes attributable to NSW Minister for Planning and Public Spaces Paul Scully:
"The Commonwealth's investment will help NSW address our housing challenges and deliver on the National Housing Accord target.
"Through the Minns Government's Transport Oriented Development Accelerated Precincts we're delivering nearly 60,000 homes, and these areas include great public greenspaces thanks to this funding from the Albanese Government."
Quotes attributable to NSW Minister for Housing and Homelessness Rose Jackson:
"Every bit of funding helps and we're thankful to the Commonwealth for this additional support to help us house people who need it as soon as we possibly can.
"This is a significant investment, and it allows us to make an instant impact during a housing crisis.
"The Homes NSW teams have been scouring the state for opportunities to acquire fit-for-purpose housing that will be immediately used to house those who are most in need."
