Social Housing Accelerator

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Background

On 17 June 2023, the Government announced a new $2 billion Social Housing Accelerator to deliver thousands of new and refurbished social homes across Australia.

The Social Housing Accelerator payment was delivered to the states and territories in June 2023 so they could start investing in building new homes straight away.

This investment will:

  • create around 4,000 homes for Australians on social housing waiting lists
  • permanently increase the stock of social housing.

Social Housing Accelerator implementation plans

States and territories are required to meet rigorous reporting and assurance requirements to demonstrate that the projects are additional to business as usual and permanently increase the supply of social housing.

This includes the provision of implementation plans and six-monthly progress reports from early 2024 to 2028.

The implementation plans1 were due to the Commonwealth on 30 September 2023, and outline how states and territories are intending to spend their share of the Social Housing Accelerator fund:

Further information on the Social Housing Accelerator is available in the Federation Funding Agreement Schedule.

1 States and territories may update their plans over time, including to provide additional information on expected project outcomes where this is no longer commercially sensitive.