Construction is due to commence in January 2021 on a $5.47 million housing renewal project in the Hawkesbury that will deliver 15 new social homes and support 27 jobs while bolstering local spending on businesses and trades.
The project at Sunnyside Crescent is one of about 50 projects being delivered under the NSW Government’s $400 million Fast Track Housing Construction Package, to help boost economic recovery from COVID-19 in local communities throughout the State.
The $5.47 million investment is not only accelerating the construction of new social housing in the region, it’s also benefitting the local economy and community by prioritising local spending and providing local jobs.
Minister for Water, Property and Housing, Melinda Pavey said the $400 million Fast-Track Construction package will deliver more keys to open doors for new social housing while generating greater security for the construction industry.
“We’re not just building hundreds of new homes throughout NSW to support disadvantaged and vulnerable people, we’re also creating critically important jobs to support people and businesses who need them, both in the NSW construction industry and broader economy,” Mrs Pavey said.
“This investment is also being backed by a priority initiative within the NSW Government to fast-track project approvals so that shovels are in the ground faster.”
The project will see five ageing cottages knocked down and transformed into two low-rise apartment buildings with 12 one-bedroom and eight two-bedroom social homes near local schools, shops and essential services. Construction is due to be completed in mid-2022.
Under the $400 million Fast Track Housing Construction Package, $250 million will be used by the NSW Land and Housing Corporation (LAHC) to accelerate around 50 projects over the next two years to deliver about 580 new social homes throughout regional and metropolitan communities.
The other $150 million has been committed over the next three years for LAHC to accelerate the place-based redevelopment projects at Airds-Bradbury and Claymore in southwest Sydney, delivering more than 500 new social homes and around 1,000 new land lots for sale to build new private homes.
Overall, this timely $400 million investment announced in the recent NSW budget will create an estimated 800 direct and 1,200 indirect jobs before and during construction.
LAHC is also implementing a $200 million maintenance stimulus program to upgrade more than 3,500 social housing dwellings and support more jobs for local tradespeople.
This adds to the $60.5 million in the NSW Government’s $2.3 billion COVID-19 stimulus package provided in April, which supported 500 jobs and has provided works to improve more than 2,200 dwellings and another 200 buildings, grounds and complexes in NSW.