The Government has announced a series of measures that seek to promote affordable housing through a series of planning announcements.
The Government announced that the Commonwealth will replace the National Affordable Housing Agreement that provides $1.3 billion every year to the States and Territories, with a new set of agreements, with the same funding, requiring the States to deliver on housing supply targets and reform their planning systems.
The Commonwealth will also release surplus Defence land at Maribyrnong, Melbourne, to cater for some 6,000 new homes.
Measures will also support State, Territory and local governments imposing inclusionary zoning requirements on new development sites and provide more vehicles for superannuation funds to invest in affordable housing.
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