Funds to relieve dearth of homes
THE tight housing market in Moranbah and Dysart may get some relief with new housing planned for the Central Queensland towns.
An investment of $3.5 million into the region will deliver three duplexes and two triplexes in Moranbah, and two duplexes in Dysart.
Backed by a grant from the BHP Mitsubishi Alliance to the Isaac Affordable Housing Trust, the funding was part of a wider grant of more than $13 million for housing.
BMA asset president Stephen Dumble said: "The trust is a very practical means by which both industry and government can partner to develop affordable housing as a key enabler to building more sustainable Bowen Basin communities."
Isaac Affordable Housing Trust director Mark Crawley has welcomed BMA's announcement.
Mr Crawley said the initiative would "make a positive contribution toward the availability of affordable housing for those people who might otherwise not be able to afford to live in our communities".
He thanked the mining company for the accelerated funds, and hoped "government will follow their lead".