media release: ‘It’s crisis time’: $35 million affordable housing development to be built at Harold Park
Published by: Domain | Story by: Kate Burke
The supply of housing for key workers will be given a much-needed boost, with work set begin on a new $35 million affordable housing development in inner Sydney.
Construction for the Forest Lodge apartment development, which will provide 75 homes for low to moderate income earners, was launched at the Ross Street site on Tuesday.
It’s the final piece of the puzzle for the $1.1 billion Harold Park urban renewal project and will ensure about 6 per cent of 1250 new residences built there are affordable for key workers priced out of the area.
“We’re proud to be providing this mix of one, two and three-bedroom apartments to people on low to moderate incomes,” said Leonie King, chief executive of affordable housing provider City West Housing.