Spotlight on: Venture Housing
Venture Housing received a $3 million NHIF grant to support the construction of 12 social and affordable homes in Tennant Creek, a remote part of the Northern Territory (NT).
This will be the first project funded by Housing Australia in the NT. Venture Housing will contribute land and is supported by additional Northern Territory and Australian Government grants.
The housing due for completion mid-2025, will be delivered across three adjoining sites and comprise five social and seven affordable homes.
The new two-bedroom homes will be developed and owned by Venture Housing. The homes will be energy efficient and include high quality design features suitable for the NT climate and ensure operating costs are kept to a minimum.
Karen Walsh, Venture Housing CEO said, ‘Venture Housing is committed to ending homelessness. This development will boost much needed supply of sustainable, well-designed, affordable and quality homes through our partnerships with Government and the private sector.
‘We’re pleased to be making a difference in peoples’ lives through the provision of safe, affordable and culturally appropriate homes, and contributing to social and economic impact in Tennant Creek and the NT.’