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The NT needs social housing stimulus

Listen here to Peter McMillan on ABC Alice Springs discussing how to stimulate the building and construction sector through investment in social and affordable housing.

NT Shelter fully supports the need to get the construction sector back working again but believes that stimulus investment can be better targeted.

Peter told ABC Alice Springs’ Paul Serratore that by participating in the proposed Social Housing Acceleration and Renovation Program (SHARP), the NT could realise $340 million in economic contribution and 280 full time jobs over four years if it can secure 3.5% of a proposed $7.2 Billion bond issue by the National Housing and Finance Investment Corporation.

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