Powered by MOMENTUM MEDIA
research
1 minute read

Supply to increase, Tasmania

Supply to increase, Tasmania

by webmaster | December 21, 2011 | 1 minute read

An increase in the supply of affordable accommodation for elderly Tasmanians is set to enter the North West coast, the State Government has confirmed.

by webmaster
December 21, 2011

State-owned land and $1 million worth of funding has been offered to build homes for the elderly.

“This project will deliver more high-quality and affordable homes for elderly Tasmanians in the North West,” said the Minister for Human Services, Cassy O’Connor.

“The State Government is taking action to prepare for the future and ensure we have adequate affordable accommodation for our elderly people,” Ms O'Connor said.

Not-for-profit organisations are being given the chance to apply for funding to develop on the land.

Advertisement
Advertisement

The land parcels are in East Devonport, Ulverstone, Burnie and Wynyard.

“This is a great opportunity for organisations to buy highly desirable land and apply for funding to develop elderly accommodation.

“This project will not only provide affordable housing for the region but also inject some much-needed investment.

“It is another important step forward in improving how we deliver affordable housing through partnerships with the non-government sector,” she said.

An information session will be held in January 2012, with expressions of interest open until late February 2012.

Supply to increase, Tasmania
default
spi logo
share the article

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.