Infrastructure HOUSING

The urban housing backlog will be dramatically reduced

In progress
Dec 2018

Govt to injects $264 million into housing December 22, 2018

Government will next year invest $264 million in housing construction in a bid to reduce the national housing backlog estimated at more than 1,3 million.

"An amount of $264 million will be invested into the housing sector during 2019, comprising of $192 million in fiscal resources and $71,9 million from the market and public entity contributions. The task of improving inclusive settlement will require investments beyond the capacity of the Budget," reads the 2019 Infrastructure Investment Plan.