The NSW Land and Housing Corporation will deliver 11 homes for seniors at Methuen Parade, Riverwood, configured as five one-bedroom and six two-bedroom units.
The development will be replacing three existing dwellings, and is close to Narwee shops and transport. Construction is set to begin this month, with completion expected by September 2024, and will be wholly funded by the Social Housing Accelerator.
The $2 billion Social Housing Accelerator was announced in June, including $610 million for NSW.
Prime Minister Anthony Albanese said the “ambitious housing agenda” would include the delivery of 30,000 social and affordable homes.
“Everyone deserves the security of a roof over their head – the Social Housing Accelerator is real dollars, driving real change and building more homes for Australians,” he said.
Premier Chris Minns said the project was “just the beginning” and the Government was “ready to make meaningful change to the social housing sector while getting roofs over the heads of those who desperately need it”.
“Every person across NSW should have access to a safe and secure place to call home,” he said.
“Housing affordability and availability is the biggest single pressure facing the people of NSW.”
