Around $2.3 billion will be invested as part of the 2021-22 NSW Budget to maximise community benefit from government-owned property to deliver new social homes, modern office accommodation and better public spaces.
Treasurer Dominic Perrottet said the Budget investment will ensure better use of government land and property, ultimately driving better outcomes across the State.
The investment includes:
- $366.5 million existing funding in 2021-22 to continue the Government’s $812 million COVID‑19 social housing stimulus package, including:
- $147.1 million for the construction and acceleration of new social housing properties across NSW by the Land and Housing Corporation
- $129.4 million to maintain and provide new Aboriginal housing across the Aboriginal Housing Office and Aboriginal Community Housing (AHCP) sector, including for roof restorations and replacements, air-conditioning and solar power installation
- $90 million for upgrades and maintenance of social housing properties, including properties managed by ACHPs, to improve the quality and safety of housing for tenants.
- $79.6 million existing funding in 2021-22 to create better public and open spaces and improve government infrastructure including upgrades to showgrounds, public reserves, national parks, gardens and parklands, and accommodation for frontline workers in rural and remote communities.
- $18.9 million in 2021-22 as part of $103.2 million over three years for new government office hubs in Dubbo and Coffs Harbour, to consolidate existing office tenancies and deliver modern, efficient office spaces
- $10 million in 2021-22 as part of the $119.3 million over three years to support the adaptive re-use of the Registrar General’s Building on Macquarie Street.
The 2021-22 Budget also includes $34.1 million over three years to expand the Roads to Home Program, to provide much-needed infrastructure upgrades to 10 additional Aboriginal communities, bringing the Government’s commitment to the Roads to Home Program to $108.9 million since 2019-20 for up to 31 Aboriginal communities.
Treasurer Dominic Perrottet said the Budget investment on housing and property initiatives will deliver new homes for vulnerable people and frontline workers, and new office spaces for government workers.
“The NSW Government owns more than $100 billion in land and buildings, so we need to continually look at how we can better manage these assets to deliver for the community.”
Minister for Water, Property and Housing, Melinda Pavey, said the Budget will deliver new jobs and opportunities for those in metropolitan and regional NSW.
“Funding for the establishment of high quality, modern government office hubs in Dubbo and Coffs Harbour will ensure the Government remains an employer of choice in these key regional centres,” Mrs Pavey said.
“The NSW Government is leading the country in a social housing revolution, putting a roof over the heads of those who need it most. In the last nine years, social housing stock has increased by 10 per cent.
“The Government’s social housing stimulus package is supporting vulnerable people and families while creating jobs across the State, with more than 800 new houses and upgrades to around 16,500 existing properties expected to be delivered across 2020-‑21 and 2021-22.”