What's On

The Times Real Estate

.

  • Written by ACT Government

Released 23/05/2016

The biggest renewal of the ACT Government’s public housing stock is set to continue, with the Public Housing Renewal Taskforce conducting a second EOI process for suitable private residential developments to buy after the success of round one.

The first EOI, which closed in July last year, resulted in contracts for 14 projects totalling 157 dwellings. Some of these are already completed and settled, with 30 of the properties delivered under the first EOI now housing tenants.  

The public housing renewal program will ensure our tenants have high-quality accommodation that meets their needs, by building new homes or finding existing properties to replace outdated and unsuitable housing stock. The construction of new homes also supports more than 2,500 construction jobs over the life of the program.

Local builders who took part in the first EOI found it was great for their business. The savings and benefits provided through working with the taskforce, such as reduced holding and finance costs, minimised finance requirements and expedited settlement on completion, allowed them to take on housing renewal projects in addition to their existing work. This meant they were able to leverage their existing capacity, grow their order book, increase turnover and grow their business more rapidly.

The taskforce is inviting proposals for all housing sizes from one to four bedrooms, all configurations - freestanding houses, cluster housing, town houses and apartments – in all locations, particularly mid-Canberra suburbs with low concentrations of public housing.

It will consider housing at all stages of development, from land held under option to newly constructed developments and completed projects with units available for vacant possession.

To receive the expression of interest documentation, interested parties need to register their details on the ACT Government tenders website www.tenders.act.gov.au, calling the Taskforce on (02) 6207 0991 or emailing housingrenewal@act.gov.au

The EOI is a rolling tender process to allow continuous assessment of proposals and will remain open until 31 December 2018, or until the taskforce has acquired all replacement housing it needs.

- Statement ends -

Section: Andrew Barr, MLA | Media Releases

«ACT Government Media Releases | «Minister Media Releases

Read more

About Australia

What to Expect During a HIFU Facial Treatment

HIFU has become one of the most sought-after non-surgical treatments for people looking to achieve...

The Best Travel Destinations in South Australia for Caravan Owners

South Australia is one of the most rewarding states in the country for caravan travel, offering ev...

Which Metal Is Most Durable for an Engagement Ring?

The metal you select for your engagement ring plays a major role in how it looks, feels, and perform...

20 Essential Tasks to Take Care of Before Moving Interstate

Key Takeaways Planning well in advance can make an interstate move far more manageable and reduce...

How to Get the Best Deals on Caravans in Sydney

Purchasing a new caravan represents a significant financial commitment, and getting the best possi...

How to Get the Most Out of Your Marquee Event

Planning an event can feel exciting in the beginning, but as the details start to build, it can quic...

Looking to Move House Soon? Do This First.

Moving house often seems straightforward at first. Then the packing begins, cupboards are emptied...

Saving and Restoring Your Smile with Modern Dental Treatments

Tooth damage and decay are common dental concerns that can affect people of all ages. When left untr...

Transforming Smiles with Modern Cosmetic Dentistry in Brisbane

A confident smile can have a powerful impact on both personal and professional life. It influences h...

How to Choose the Best Family Off Road Caravan for Australian Travel

Travelling across Australia as a family places unique demands on any caravan. Rough roads and chan...

Electric Vehicle Charging 101: A Beginner’s Manual

Charging an electric vehicle is no more complicated than plugging it in and letting the vehicle ta...

The Hidden Ways Termites Invade Australian Properties

In many situations, termites enter Australian properties without being detected. Their activity us...