Queensland government launches fund to accelerate affordable housing

The Queensland Government has announced a plan to encourage housing development to help ease the demand for more homes. The $350 million Incentivising Infill Fund has been launched to accelerate the delivery of homes state-wide. The fund will be used to subsidise infrastructure charges for market-ready development in underutilised areas. It is hoped the move will create more affordable and social housing. Queensland Premier Steven Miles says the fund will “unlock” developments through the ground leasing of properties.