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Assemble Communities Cuts Affordable Units in Melbourne Projects

Published 4 weeks, 2 days ago
Description

Assemble Communities, a developer known for ethical housing, is reducing affordable units in two Melbourne projects, Brunswick and Coburg, totaling 622 apartments. Originally promising a rent-to-own model, they now offer twenty percent affordable rentals at a twenty-five percent discount for ten years. Local leaders and residents express disappointment, accusing the governments fast-track program of allowing developers to back out on affordable housing promises. The Department of Transport and Planning is reviewing the changes, with a decision expected soon.

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