Victoria's Public Housing Renewal Program aims to provide at least 1,800 new public housing dwellings, and grow the social housing stock in Victoria by at least 10 per cent. This will involve redeveloping old public housing stock, as well as the construction of new stock.
Work being undertaken as part of the Program includes redevelopment, in full or in part, at the following estates:
- Ascot Vale estate
- New Street, Brighton
- Gronn Place, Brunswick West
- Bills Street, Hawthorn
- Tarakan and Bell Bardia estates, Heidelberg West
- Abbotsford Street, North Melbourne
- Walker Street, Northcote
- Oakover Road and Railway Place West and Stokes and Penola Streets, Preston Bangs Street, Prahran, and
- Flemington estate.
|2018||A series of Development Agreements were awarded for sites in Northcote, North Melbourne, Preston and Brunswick West.|
|Mar 2019||The Victorian Government announced it would rebuild the North Melbourne, Northcote and Preston estates with development partners MAB Corporation and HousingFirst.|
|May 2021||The Victorian Government selected the Building Communities consortium to deliver the Ground Lease Model project in Brighton, Flemington and Prahran. The consortium comprises Tetris Capital, Community Housing Limited, the National Housing Finance and Investment Corporation (NHFIC), Icon Kajima, and Citta Property Group.|