Additional Affordable Housing for Green Square and Ultimo

City West Housing Pty Ltd provides affordable, long-term rental accommodation to people living or working in Green Square and Ultimo/Pyrmont. “Affordable housing in the inner city for low income earners is crucial in ensuring that key workers such as cleaners, teachers and health care employees, can live close to where they work,” Ms Plibersek said. “The Rudd Labor Government is committed to increasing affordable housing stock right across Australia – through the National Rental Affordability Scheme and the $42 billion Nation Building and Jobs Plan passed by parliament last Friday. The $42 billion Nation Building and Jobs Plan is designed to support jobs and growth in these tough global economic times.”

Under this historic program, the Government will fund the construction of 20,000 new social housing dwellings and urgent maintenance to upgrade another 2,500 existing homes as part of an overall package which will support up to 90,000 Australian jobs over the next two years. The vast majority of houses built under this program will be completed by December 2010 – a massive and immediate support for jobs in the housing and construction industry.”

Richard Perkins, General Manager of City West Housing, said, “The Rudd Government’s initiative must rank as the single most important contribution to increasing affordable housing that we have ever seen. City West Housing (CWH) has a track record of producing high quality affordable rental housing to tenants from diverse socio-economic backgrounds in inner Sydney. With our in-house development and housing management functions, we are in a good position to support the Government’s program to get people on lower incomes into affordable rental housing quickly.”

“We will commence construction of a new residential building of 57 units in March 2009 and are committed to purchasing additional suitable development sites as soon as possible.”

For more information on City West Housing Pty Ltd go to: www.citywesthousing.com.au

Photo: Andrew Collis - Affordable housing block in Green Square

Source: South Sydney Herald March 2009 www.southsydneyherald.com.au