Council helps relieve housing stress
FOUR lots will be provided to affordable housing in the Clarence Valley.
The lots, two in the Baileys Estate at Junction Hill and two at Coutts Crossing, are being made available through the Clarence Valley Council's affordable rental housing project.
This council's contribution will help Community Housing Limited secure State Government funding for construction of the dwellings.
Mayor Richie Williamson said the contribution may seem small, but every additional property helps another struggling household.
“Not long ago, this area was not recognised as having a need, but in a few short years we are successfully attracting funding to ensure homes for key workers, seniors and others who are on low to moderate incomes and are experiencing significant stress in meeting the accommodation costs,” he said.
“Council's investment by way of the land means that significant State funds will be coming into our local area, creating additional building activity and delivering economic benefits for our local economy, construction workers and community. This could not have happened at a better time given the economic hardship.”Under this program, the State will provide up to 40 per cent of the cost of providing the rental dwellings. With the land contributed by council, the community-housing provider must then raise the additional funds required.
These properties will remain as affordable rental dwellings in perpetuity, but council's contribution to the overall project will remain as an asset of council.