SMH
·general
·4 hours ago
Almost 250 affordable homes scrapped as developer permitted to slash commitments
Assemble Communities will no longer deliver 248 affordable homes in Brunswick and Coburg after state approval for permit amendments. The affordable housing share drops from 60 percent to 20 percent, with concerns raised by Merri-bek City Council about reduced public benefit. The developer, partially owned by superannuation funds, defends the shift as a new model for stable, long-term rental supply.
Summary by Glance · SMH
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