The Community Housing Industry Association has commended Treasurer Jim Chalmers’ housing budget as a breakthrough moment for Australia’s housing affordability crisis.

The National Housing Accord accelerates the impact of the $10 billion Housing Australia Future Fund by capitalising the full fund immediately, rather than over three years. It provides an additional $350 million to build 10,000 extra affordable homes over five years from 2024, with matching funding from states and territories to deliver an additional extra 10,000 homes.

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