They’ve effectively privatised it. They’ve established a non-profit company called Building Communities they they’ve contracted out building and managing “social and affordable housing” to for the next forty years. The government will still own the land that the buildings are on, but housing will no longer be managed by Homes Victoria (which itself was spun off from the Department of Families Fairness and Housing Victoria to manage public housing). It all stinks, and it’s going to lead to worse outcomes for everyone.
They’ve effectively privatised it. They’ve established a non-profit company called Building Communities they they’ve contracted out building and managing “social and affordable housing” to for the next forty years. The government will still own the land that the buildings are on, but housing will no longer be managed by Homes Victoria (which itself was spun off from the Department of Families Fairness and Housing Victoria to manage public housing). It all stinks, and it’s going to lead to worse outcomes for everyone.