The NSW Government has signed the National Housing and Homelessness Agreement, securing millions in Commonwealth funding to boost frontline homelessness and housing services for the State’s most vulnerable people.
The agreement confirms $476.8 million in 2018, indexed each year until 2023, to ensure funding is available for frontline homelessness services, as well as people in social housing and those at risk of or experiencing homelessness.
Minister for Social Housing Pru Goward said the agreement has secured five years of Commonwealth investment into the NSW social housing system.“This funding will go towards supporting the delivery of initiatives like our nation-leading social housing program, Future Directions, which will see thousands of new homes built for those who need them most,” Ms Goward said.
“I am delighted that through this agreement, we have locked in this investment into the future.”Treasurer Dominic Perrottet said the NSW Government has invested $1 billion in homelessness over the next four years including $61 million in new funding to implement the Homelessness Strategy.
“Preventing and improving responses to homelessness is possible because the Liberals & National Government carefully manages the State’s finances so we can invest where it matters for the people of NSW,” Mr Perrottet said.