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flag Australian government sets plan to build 5,000 more social homes with $3 billion fund.

flag The Australian government, led by Housing Minister Clare O'Neil, plans to build 5,000 more social homes using a $3 billion joint funding initiative as part of the Housing Australia Future Fund. flag This fund aims to support the construction of 20,000 social and 10,000 affordable homes, building on the September announcement of up to 13,700 social and affordable homes. flag Applications from states and territories to submit projects open this week, with a "use it or lose it" funding approach. flag The government is also preparing for a third round of funding to open in mid-2025.

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