Expand homebuilder to social housing

first_imgExpand homebuilder to social housing Everybody’s HomeExpand homebuilder to social housingThe Federal Government has a golden opportunity to capitalise on the stimulatory effect of homebuilder by extending the program to social and affordable housing, easing the risk of homelessness as programs such as JobKeeper tail off.According to The Australian surging demand for the $25,000 grant means the cost to government has increased from $688m to more than $2.5billion, fuelling more than $30bn in direct con­struction and housing investment. Economic modelling by the sector estimates the scheme has contributed to $103 billion in broader economic activity and the creation of 340,000 jobs.Everybody’s Home – the national campaign to end homelessness – said it made excellent economic sense to also apply stimulus spending to social housing, which would both generate jobs and ease homelessness.“The $100 billion stimulus impact of homebuilder is great news for construction. If we directed some of this to social housing, it would be even more powerful, because we could ease the threat of homelessness for those families left behind by the current housing boom,” said Kate Colvin, national spokesperson for Everybody’s Home.“Every economist worth their salt agrees taxpayers receive a compelling return on their dollar when it is invested in social housing. We can create jobs, ease homelessness and reduce the demand on other government services such as hospitals and homeless shelters.“The Federal Government can get maximum impact from every dollar they spend on social housing by encouraging the states to match their contribution and partner with them in social housing growth.“Having a roof over your head is the foundation stone for re-entering the workforce or getting an education.“The people who need homes are often women and children escaping family violence or people recovering from an unexpected illness or trauma.“As the success of homebuilder shows, there are enormous economic benefits to stimulating the construction sector. By expanding this stimulus to social housing, we can also achieve a powerful social dividend.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:affordable housing, Australia, Australian, campaign, education, family violence, Federal, federal government, Government, homeless, homeless shelters, homelessness, Investment, JobKeeper, spending, workforcelast_img read more