abc.net.au/news/federal-govt-to-spend-two-billion-on-social-housing/102489862The federal government is making a one-off $2 billion investment in social housing around the country, with funding to be distributed among the states and territories over the next two weeks.Prime Minister Anthony Albanese will announce $2 billion for states and territories to deliver social housing
During the speech he will also criticise the Greens for blocking the government's separate $10 billion Housing Affordability Future Fund. In a transcript provided to the ABC ahead of the address, Mr Albanese says the package will help address a shortage of social housing sooner."The last decade has seen the proportion of social housing decline from 4.7 per cent to 4.2 per cent of households. Demand for social housing has increased almost three times as fast as the growth in population.