BRISBANE, Queensland, Nov. 10 -- The Queensland Department of the Premier and Cabinet issued text of the following statement:

JOINT STATEMENT

Deputy Premier, Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations

The Honourable Jarrod Bleijie

Assistant Minister to the Deputy Premier and Assistant Minister for Planning, Housing and Better Regulation

Mrs Rebecca Young

* More than $4.5 million in funding to fast track more than 760 new homes in the Redlands. * Residential Activation Fund has now unlocked more than 174,000 places to call home forQueenslanders. * TheCrisafulli Government is building Queensland's future after a decade of decline under Labor saw Queenslanders locked out of the housing market as vacancy rates plummeted to record-lows.

The Crisafulli Government is continuing to unlock housing supply quickly across Queensland to address Labor's Housing Crisis, with the Residential Activation Fund unlocking more than 760 new homes in the Redlands.

The Crisafulli Government has announced it will invest $4.5 million to deliver the critical trunk infrastructure needed to unlock land for residential development, helping deliver a place to call home for more Redlanders.

The investment includes a critical upgrade to a three-way signalised intersection in the Southern Redlands as well as new crossings and relocated existing services.

This investment will help remove an infrastructure barrier to new housing and support the continued growth of the Redlands, unlocking capacity for more than 760 new homes.

The Residential Activation Fund is a key pillar of the Crisafulli Government's plan to unlock housing supply by investing in enabling infrastructure that brings forward new residential development across Queensland.

The award-winning program has now unlocked capacity for more than 174,000 homes statewide, helping deliver a place to call home for more Queenslanders.

This latest investment brings the total funding from the Residential Activation Fund to more than $8.8 million for the Redlands, to unlock more than 850 homes.

The Residential Activation Fund is just one of the Crisafulli Government's range of initiatives delivering a place to call home for more Queenslanders, including: 

* More than $2 billion in joint Federal and State funding to unlock 51,000 homes, including 20,000 for first home buyers.  * Releasingunderutilised State land for housing under the landmark Land Activation Program.  * Relief for first homeowners with $30,000 First Home Owner Grants continuing and locked into the Budget.  * Supporting first home buyers by removing stamp duty on new builds.  * Introducing a nation-leading Boost to Buy shared equity scheme to help reduce the deposit gap, with half of the up to 2,000 places reserved for regionalQueenslanders.  * Increasing rental availability by lifting subletting restrictions forhomebuyers receiving grants and concessions.  * Delivering 1 million homes, including a record pipeline of 53,500 social and community homes by 2044. 

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the investment was a clear demonstration of the Crisafulli Government's commitment to building Queensland's future with a place to call home for more Queenslanders.

"The Crisafulli Government's Residential Activation Fund is pulling every lever to increase housing supply, because you can't build homes without the roads, water and sewerage infrastructure to support them," Deputy Premier Bleijie said.

"After a decade of decline under Labor, we're getting on with the job of delivering the infrastructure needed to unlock new housing opportunities across the State.

"This project will unlock more than 760 places to call home for Queenslanders and support the growing area of the Redlands. This investment demonstrates what's possible when government partners with councils, landowners and industry to remove barriers to new housing.

"The Crisafulli Government has already unlocked more than 174,000 new places to call home through the Residential Activation Fund after Labor's decade of decline, which saw housing lot approvals slump by 29 per cent, leading to record-low rental vacancy rates, a skyrocketing social housing waitlist and the lowest home ownership rate in the country. 

"More affordable housing starts with more supply. While also delivering a record number of social and affordable homes and support for first homebuyers, we're delivering a place to call home for more Queenslanders."

Member for Redlands and Assistant Minister for Planning, Housing and Better Regulation Rebecca Young said the investment would help unlock new housing while supporting the Redlands continued growth.

"The Redlands is growing, and we need to make sure housing supply keeps pace with that growth, and this investment will unlock new opportunities for housing in the Southern Redlands, while strengthening the infrastructure local families and businesses rely on," Ms Young said.

"After years of Labor failing to keep up with Queensland's growth, the Crisafulli Government is working with councils and industry to get the infrastructure in place and get more homes built."

Villawood Queensland and NSW General Manager Michael Williams said the project would improve connectivity and supported future residential development in the Redlands.

"Creating new communities such as Redlands' Baya starts with investing in the essential infrastructure that supports them," Mr Williams said.

"We appreciate the Queensland Government's support through the Residential Activation Fund and its commitment to investing in infrastructure that helps deliver more housing options for Queenslanders.

"Baya is delivering vital housing and community assets and this intersection will help unlock more than 750 homes across our site and adjoining projects."

ENDS

MEDIA CONTACT: Ash McDermid 0412 731 355

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