Affordable housing project may get a start this year
GLADSTONE Affordable Housing has announced tentative dates for projects expected to ease market pressure.
Pending council approval for two development applications, work on unit developments in the Gladstone area will possibly start later this year and be on the market from the middle of next year.
GAH spokeswoman Rebecca Oelkers said the complexes would accommodate people who spent a large percentage of their income on rent.
"While GAH will not solve all of the issues of accommodation costs and availability in Gladstone, it provides a much-needed new entity to help alleviate some of the current pressures in the market for quality, moderately-priced accommodation," she said.
"Local materials and suppliers will be utilised, while Roseberry Community Services will manage the rentals once the dwellings are completed."
In May Australia Pacific LNG, GLNG and Queensland Curtis LNG Project signed an agreement to provide $19.8 million to create the not-for-profit GAH, which was launched last year.
GAH hopes to deliver more affordable housing.
- Moderate income areas - retail, emergency services, health care, education.
- 35 dwellings will be delivered but GAH expects to exceed this target.
- The three LNG proponents will contribute a total of $19.8 million up to December 2015.