Housing Plus gets $95 million

Housing Plus, a NSW community housing provider, has received $95 million in funding from the Clean Energy Finance Corporation (CEFC).

Roughly 220 new affordable homes have been designed which are energy efficient and will be available to low-income earners. Housing Plus, based in regional NSW, received CEFC finance as part of its successful bid for inclusion in the second funding round offered by the NSW Social and Affordable Housing Fund.

47 new affordable homes will be delivered in Bathurst, 87 in Dubbo and 86 in Orange over the next three years as construction begins. To abide by the National Housing Energy Rating System standard, the new homes will have a minimum 7-Star rating. The new dwellings will feature rooftop solar battery installations, heat pumps, additional insulation, double glazing, smart meters, LED lighting and energy efficient white goods.

“Once families settle in these new homes, the clean energy benefits will speak for themselves, with increased levels of comfort requiring significantly less energy for day-to-day living. These homes, because they require less energy, will also help reduce the emissions impact of our built environment,” CEFC’s chief executive Ian Learmonth said.