Budget Paper No. 3

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Affordable housingIn 2020–21, the Australian Government will provide funding of $2.5?billion to support state affordable housing services, including $1.6?billion through the National Housing and Homelessness Agreement (NHHA), $680.0 million through HomeBuilder and $241.9?million through other National Partnership payments, as detailed in Table?2.7.Table 2.7: Payments to support state affordable housing services$million202021202122202223202324National Housing and????Homelessness Agreement1,594.51,553.21,571.91,593.9National Partnership payments????HomeBuilder680.0Northern Territory Remote Aboriginal investment????Remote Australia strategies component3.73.7Remote housing237.2185.0110.0Social Impact Investments????Vulnerable priority groups0.51.10.50.5Youth at risk of homelessness0.51.10.50.5Total National Partnership payments921.9190.8111.11.1Total2,516.51,744.11,682.91,595.0National Housing and Homelessness Agreement$millionNSWVICQLDWASATASACTNTTotal202021489.3414.6327.6170.3110.934.527.120.21,594.5202122485.3399.0320.7163.4107.133.125.719.01,553.2202223490.1405.2325.4165.0107.933.426.019.01,571.9202324496.0412.7330.5166.7108.833.726.319.11,593.9Total1,960.71,631.51,304.2665.4434.7134.7105.177.36,313.5The NHHA is contributing to improving access to affordable, safe and sustainable housing across the housing spectrum, including to prevent and address homelessness, and to support social and economic participation. The NHHA supports state and territory governments to deliver better outcomes for housing and homelessness funding.Australian Government funding under the NHHA is ongoing and indexed by Wage Cost Index 1 (see Appendix A), providing greater certainty for the sector. The Australian?Government’s contribution to homelessness funding will be matched by the states. Until 30 June 2021, Australian Government funding includes supplementation to assist with increases in wage costs arising from the Fair Work Commission’s Social, Community and Disability Services Industry Equal Remuneration Order 2012.National Partnership payments for affordable housingThe Australian Government will provide a total of $921.9?million in 202021 through National Partnership payments to support state affordable housing services. Further details are provided below.HomeBuilder(a)$millionNSWVICQLDWASATASACTNTTotal202021~~~~~~~~680.0202122202223202324Total~~~~~~~~680.0State allocations for 202021 are not available as this is a demanddriven program.The Australian Government has established a timelimited grant program to support residential construction sector jobs by encouraging the commencement of new home builds and rebuilds of existing homes this calendar year.HomeBuilder provides eligible owneroccupiers (including first home buyers) with a taxfree grant of $25,000 to build a new home or rebuild an existing home where a contract was entered into between 4?June 2020 and 31 December 2020 and building commenced within three months of the contract date.Northern Territory Remote Aboriginal investment — remote Australia strategies component$millionNSWVICQLDWASATASACTNTTotal2020213.73.72021223.73.7202223202324Total7.37.3The remote Australia strategies component provides funding to improve public housing in remote communities by investing in housing works and removing asbestos from community buildings. This funding will also support a sustainable, professional and accredited Indigenous interpreter service.This funding supports the Northern Territory to improve schooling for Indigenous children, to make communities safer and healthier, and increase access to interpreter services and job opportunities for Indigenous Australians. Other components of this funding agreement are discussed in the Health, Education and Community Services sections of this Part.This funding complements the funding provided under the agreement on remote?housing.Remote housing$millionNSWVICQLDWASATASACTNTTotal202021100.0137.2237.2202122185.0185.0202223110.0110.0202324Total100.0432.2532.2The Australian Government is supporting significant reform in the provision of housing for Indigenous Australians in remote communities, particularly in the Northern?Territory. This will help address overcrowding, homelessness, poor housing conditions and severe housing shortages.This funding supports the delivery of new houses, housing refurbishments and housingrelated infrastructure. It also provides incentives to establish more sustainable housing systems in remote Indigenous communities.A new measure associated with this funding agreement is listed in Table 1.4 and described in more detail in Budget Paper No. 2, Budget Measures 202021.Social impact investmentsVulnerable priority groups(a) $millionNSWVICQLDWASATASACTNTTotal202021~~~~~~~~0.5202122~~~~~~~~1.1202223~~~~~~~~0.5202324~~~~~~~~0.5Total~~~~~~~~2.7State allocations from 202021 have not yet been determined.The Australian Government will provide funding to state governments to trial social impact investments which aim to assist vulnerable priority groups.Youth at risk of homelessness(a) $millionNSWVICQLDWASATASACTNTTotal202021~~~~~~~~0.5202122~~~~~~~~1.1202223~~~~~~~~0.5202324~~~~~~~~0.5Total~~~~~~~~2.7State allocations from 202021 have not yet been determined.The Australian Government will provide funding to state governments to trial social impact investments which aim to help young people at risk of homelessness. ................
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