Victoria to subsidise rent for 2,400 new homes in attempt to ease housing crisis

Under new scheme, families earning up to $132,000 can rent homes from state government at cheaper rates

Families earning up to $132,000 will be able to rent homes from the Victorian government as part of a scheme it says will help ease housing affordability concerns in the state.

On Friday, the housing minister, Richard Wynne, will announce the affordable housing rental scheme, which will make about 2,400 homes from the government’s $5.3bn “big housing build” available to rent.

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source https://www.theguardian.com/australia-news/2022/apr/01/victoria-to-subsidise-rent-for-2400-new-homes-in-attempt-to-ease-housing-crisis

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