Queensland Housing Investment Growth Initiative
The Queensland Housing Investment Growth Initiative (QHIGI) represented an investment in social and community housing across Queensland.
Through an integrated capital investment program, QHIGI aimed to deliver social and community homes for vulnerable Queenslanders and provided opportunities for a range of individuals, organisations, developers and housing providers to deliver more housing for those who need it. This included a strategic, cross-government response, for planning and economic development opportunities and access to underutilised government-owned land.
The QHIGI was delivered through 3 funding initiatives:
- Housing Investment Fund (HIF)— supports partnerships across community housing providers, developers, investors and local governments to enable a mix of housing outcomes to meet local needs
- QuickStarts Qld—a capital investment program to accelerate planned construction and new acquisition projects to deliver a range of social housing
- Help to Home—partnering with property owners, landlords and registered community housing providers to deliver housing outcomes to people in need.
The approach enabled strategic partnerships between the State and a range of potential participants such as the Australian Government, local governments, registered community housing providers, private developers, institutional investors, and not-for-profit partners, either individually or as a group.
The QHIGI provided flexibility to deliver projects that met local needs and enabled the development of a mix of public housing, community housing, homelessness accommodation and mixed-use developments that leveraged site-specific opportunities.
The state’s financial investment was utilised to deliver more social and community homes by enabling registered community housing providers to access finance through Housing Australia or other third party financiers.
The QHIGI also provided opportunities to strengthen Queensland’s construction sector while providing a place to call home for thousands of Queensland households.