The transformation of two ageing Waratah West homes into a modern 10-unit social housing complex is one of six projects in a $17 million pipeline to deliver 51 dwellings in Newcastle over the next two years.
The NSW Government’s $250 million mission to fast track the delivery of homes across the state is well and truly underway with a $3.48 million re-development in Waratah West.
Construction has already commenced on the Landa Parade project, which will see two separate properties transform into a low-rise accessible building, featuring six two-bedroom units and four one-bedroom units for up to 16 residents.
NSW Land and Housing Corporation Acting Chief Executive, Deborah Brill, said the development would create jobs and provide much-needed housing for the Hunter.
“Our investment in Newcastle will create 85 jobs for the region’s tradies while also providing a boost for local suppliers,” Brill said.
“We are working closely with council as they help us identify key areas which require social and affordable housing as a priority,” Brill said.
The work began just months after the City of Newcastle and the NSW Land and Housing Corporation (LAHC) agreed to a Memorandum of Understanding (MOU).
The MoU’s objective is to deliver improved outcomes in social and affordable housing for the people of Newcastle.
An important feature of the MOU will see the City of Newcastle supporting LAHC’s redevelopment program by providing an annual payment equivalent to the rates paid by LAHC in the Newcastle LGA for the next three years.
The payment, which LAHC will match, will be reinvested into funding new social housing in the region during the same period.
Newcastle Lord Mayor, Nuatali Nelmes, said the current housing crisis made the new Waratah West -development a much needed and very welcomed project.
“This comes as welcome news with our city in the midst of a housing crisis and experiencing increasing rates of homelessness,” Cr Nelmes said.
“I’d like to thank the NSW Government for fast-tracking their commitment to improving social and affordable housing outcomes for people in Newcastle while supporting investment and jobs growth.”
Hayley McMahon
Comments are closed.