What’s in the May budget on Affordable Community Housing?

Ahead of the May budget, Treasurer Scott Morrison, has announced a housing package today, with the announcement of the establishment of the Affordable Housing Implementation Taskforce to develop an affordable housing bond aggregator model.

The community housing sector is currently funded by government grants and stock transfers, and short-term, high-interest bank loans. It is reported that a bond aggregator will provide a long-term funding source of up to 20 years.

Read more:
Follow us: @FinancialReview on Twitter | financialreview on Facebook

 

 

Leave a comment

Your email address will not be published. (Required)

You can use these tags