One of Western Australia’s biggest social and affordable housing works programs has been released to the market, seeking builders to deliver a pipeline of more than 1,000 new homes.
The program includes 14 build-to-rent developments, which will deliver 1,145 new homes, comprising approximately 80 per cent affordable and 20 per cent social housing.
The developments range from three storeys to nine storeys, with around half being located adjacent to new METRONET train stations including Ellenbrook, Cannington, Midland, Redcliffe and Ballajura.
Developments will also be delivered in Wellard, Woodbridge, White Gum Valley, Rivervale, Butler, Subiaco, Bassendean, Kelmscott and Perth City Link.
“My government will never stop working towards ensuring every Western Australian has a home,” Premier Roger Cook said.
“These works are part of the Cook Labor Government’s commitment to increasing housing affordability for Western Australians.
“Not only will it deliver a pipeline of more than 1,000 social and affordable homes across Perth, it will also deliver long-term jobs and boost rental supply.”
The tender is part of an agreement between the state and federal government.
The agreement, through the federal government’s Housing Australia Future Fund (HAFF) and the National Housing Accord Facility (NHAF), will see the WA Government provide upfront capital investment of $443 million to deliver the new homes.
These homes will then be sold to Community Housing Providers, who will be able to access concessional loans from the HAFF and NHAF and may also be able to apply for senior debt through the Housing Australia Affordable Housing Bond Aggregator, as well as ongoing subsidies to support their repayments over a 25-year period.
The buildings will be delivered to a minimum of ‘Silver Livable’ under the national Livable Housing Design guidelines and a 7-star NatHERS energy and thermal efficiency rating.
A further seven projects being delivered by the Department of Communities have also been approved under the agreement.
The 14 developments will be split across two packages, with the tender seeking two federally accredited builders to deliver each package.