Best social housing design for Global Awards shortlisted
LONDON: The shortlist for the best social housing design for the elderly has been declared.
Over 250 programmes have been considered by the awards secretariat. One of the finalists in this category is shown above.
Years in the planning, several of the Victorian government’s Big Housing Build projects are finally under construction.
The $5.3-billion Big Housing Build program was started in November, 2020, to address the demand for social housing. It aims to deliver more than 12,000 homes during the next four years.
The list of social housing projects has since grown with the Victorian government partnering with developers, including MAB Corporation and Built, to undertake construction.
This has also led to the adoption of the Ground Lease Model, under which Community Housing Ltd will invest $500 million to build 1110 homes.
Community Housing is part of the Building Communities Consortium with Tetris Capital, the National Housing Finance and Investment Corporation, Icon Kajima, and Citta Property Group.
The new builds will include 619 social housing homes, 126 affordable homes and 365 market rental homes in Brighton, Flemington and Prahran. Of these, 52 will be specialist disability or fully accessible accommodation.
The state government has put $50 million from the Big Housing Build budget into the Ground Lease Model projects.
The consortium will build and operate the homes for 40 years before returning them to the state government for Homes Victoria to manage.
The model allows more homes to be built and managed without Homes Victoria having to pause or stop management on any of its current or planned projects.
The Global Award winner will be announced in December in London. (Globals)
