QUEENSLAND HOUSING INVESTMENT GROWTH INITIATIVE
Following on from this year's State Budget, where funding was announced to create a $1 billion Housing Investment Fund and $1.9 billion to boost housing supply. The Queensland Housing Investment Growth Initiative (QHIGI) procurement process has now opened and the property industry is invited to submit their proposals.
The QHIGI is being delivered through three funding initiatives:
- Housing Investment Funding - funding to develop partnered projects to increase social and affordable housing supply
- QuickStarts Qld - capital investment program to accelerate planned acquisitions, new construction and redevelopment opportunities to deliver new homes
- Help to Home - partnerships with property owners, landlords and registered community housing providers to headlease homes to people who are eligible for social housing
The procurement process is now open and you can register your interest in developing a strategic partnership with the Queensland Government here. Applications can be for multiple QHIGI initiatives, as well offer multiple properties or proposals through each of those initiatives.