SEVEN new homes in Hastings will soon offer safe, affordable housing for women and children experiencing housing insecurity, delivering long-term stability for some of the peninsula’s most vulnerable residents. Women’s Property Initiatives (WPI), a community housing provider with 28 years experience working with women and women-led families, is developing the $4.5m modular development in partnership with Mornington Peninsula Shire. The shire provided the land on a long-term peppercorn lease – a nominal arrangement in which land is leased for a token amount rather than market rate – with funding coming from Homes Victoria through the state government’s Big Housing Build,…
Browsing: Affordable Housing
VICTORIA’S largest co-operative housing provider says areas like the Mornington Peninsula are no longer immune from Australia’s worsening housing affordability crisis. Liz Thomas, managing director of Common Equity Housing Limited, visited Rosebud on 14 May to meet with local housing co-operatives and promote co-op housing as a long-term solution for renters struggling to secure affordable accommodation. Thomas said regional areas that were once considered more affordable than metropolitan centres are now facing many of the same pressures. “I think that lack of supply is impacting regional areas now in the way it’s generally been limited to metro areas,” said Thomas.…