Posted: 2024-05-10 13:06:56

The federal government will tip billions of dollars of additional investment into building new homes in next week's federal budget, as it chases a promise to build 1.2 million new homes by 2030.

An additional $1 billion will be spent on crisis and transitional accommodation for women and children fleeing family violence and for youth through the National Housing Infrastructure Facility.

The facility's scope was broadened to be able to fund social and affordable housing, as well as enabling infrastructure, and $700 million of the stepped-up funding will be dedicated to supporting crisis and transitional housing.

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