11 April 2025
KDL is excited to see the completion and handover of the first new homes under the Everyone’s Place Affordable Housing consortium – a vital initiative supported by the Queensland Government‘s $2 billion Housing Investment Fund (HIF).
KDL representatives joined consortium partners Tetris Capital, Metricon, National Affordable Housing and ANZ at the group’s Avaline community in Burpengary East to celebrate this major milestone.
Other attendees included the Minister for Housing and Public Works Sam O’Connor and City of Moreton Bay Mayor Peter Flannery.
As the land development partner, KDL is supplying a total of 291 lots across its projects in the Moreton Bay and Logan regions for the construction of 483 much-needed affordable homes.
The Housing Investment Fund was established to address the critical issue of housing affordability and rental stress in Queensland’s growing suburbs. Additionally, the rising cost of living and the shortage of affordable housing have left many Queenslanders unable to secure homes that meet their needs for space and community integration.
According to recent data, approximately 40% of residents in the targeted areas, including Burpengary East, are experiencing rental stress.
By offering 100% affordable housing solutions in family-friendly suburban environments, the HIF project provides larger homes with outdoor spaces for families, couples and multi-generational households who may otherwise be unable to afford such properties.
Affordable rents will be set at 75% of market rate and subject to eligibility criteria for tenants to ensure dwellings remain affordable for those that need it most.
Congratulations to all the partners and especially to the tenants moving into their new homes.
Read our Housing Investment Fund (HIF) case study here.
