Venture Housing is excited to announce the completion of its Katherine affordable housing development, three months ahead of schedule. The Minister for Urban Housing, Ngaree Ah Kit and Venture made a joint announcement on site.
The lack of affordable rental housing in Katherine is a barrier to attracting key workers and boosting the population, so the Territory Government has provided land and a capital contribution to support Venture’s development – which will provide safe, secure and affordable rental housing in Katherine.
“This affordable housing development is a great demonstration of our collaboration with the Northern Territory Government through jointly funding this project. Venture has invested its equity in this development and led the project concept design and delivery. We are proud to see the completion of these much needed quality and environmentally sustainable homes”.
The eight new homes comprise six two-bedroom and two three-bedroom dwellings targeting key workers from sectors such as health, education, hospitality and childcare, stimulating jobs growth and strengthening the local economy. Venture CEO Karen Walsh said “Local builder Habitat NT has done a fantastic job delivering these quality and well-designed homes ahead of schedule, and we look forward to welcoming our new tenants to their new homes”
Link to Media Release