№ files_lp_4_process_2_68739
Intergovernmental program schedule outlining funding arrangements, responsibilities, reporting requirements, and project planning rules for the Priority Works Stream of the Housing Support Program aimed at accelerating housing supply across Australian states and territories.
Program: Housing Support Program (HSP) – Priority Works Stream
Agreement: Federation Funding Agreement – Affordable Housing, Community Services and Other
Participating parties: Commonwealth of Australia; Australian Capital Territory
Country: Australia
Total funding amount: $1.0 billion (GST exclusive)
Funding allocation principle: Per-capita distribution with a minimum allocation floor of $25 million for smaller jurisdictions
Program objective: Acceleration of housing development and support for the National Housing Accord target of 1.2 million well-located homes by mid-2029
Program component: Priority Works Stream
Funding recipients: States and Territories of Australia
Minimum allocation jurisdictions: Tasmania; Australian Capital Territory; Northern Territory
Estimated initial budget allocation: $25.0 million for 2023–24 financial year
Implementation requirement: Development of State Implementation Plans agreed with the Commonwealth
Project delivery milestones: At least 60% of funded projects delivered by 30 June 2026; remaining projects delivered by 30 June 2027
Schedule commencement: Date of signature by the Commonwealth and the Australian Capital Territory
Schedule expiry: 30 June 2029
Reporting obligations: Six-monthly progress reporting and public reporting to the Federal Parliament and the Council on Federal Financial Relations
Evaluation requirement: Joint Commonwealth and State evaluation of program outcomes and housing supply impacts
Statistical source for population calculations: Australian Bureau of Statistics, National, state and territory population, September 2023
Price: 8 / 10 USD
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