New affordable homes in the city for women at risk.

The Malinauskas Labor Government has opened a new $15.7 million housing development that will provide affordable and secure long-term accommodation for women, prioritising survivors of family and domestic violence.

The Adelaide CBD development is the first of its kind in the city, with 24 affordable rental apartments that will help address a national shortage of long-term, affordable rentals for women, and their children, at risk of homelessness.

Featuring one-, two- and three-bedroom apartments, the seven-storey building has been built by Australia’s only national specialist women’s housing provider YWCA Australia.

The development has a communal alfresco space on level six overlooking Adelaide’s Park Lands and sets a new standard for affordable housing for women and children to feel safe, secure and able to rebuild their lives.

The apartments are exclusively offered as affordable rentals at 75 per cent of the market rate for an equivalent property.

It will accommodate up to 57 residents, who are women and their family members on low to moderate incomes, with first residents arriving the next week.

The Malinauskas Labor Government supported the project through a $5 million no- interest loan repaid within a 20-year term from the SA Housing Trust.

Premier Peter Malinauskas states that development is more than a housing project, it is a sanctuary in the heart of Adelaide.

“This is the first of its kind in the city, supporting vulnerable women and their families by providing safe and affordable long-term rentals to call home.

“The Labor Government is proud to back developments like this, providing the financial support that ensures these projects off the ground,” Mr Malinauskas said.

YWCA Australia Chief Executive Officer, Michelle Phillips has stated safe homes are key to building equal futures.

“This is more than just a roof over someone’s head. This is a starting point for someone to build the future they want, with the security of a safe and affordable home.

“This project is a first for YWCA Australia in Adelaide. We made a bold decision to invest into a project where we could build long-term, affordable homes in a new location for us, where we knew there was a need in the community. And this is just the beginning.

“YWCA has ambitious plans to continue to grow affordable housing so that we can meet the unique needs of women and gender-diverse people and we look forward to working with the South Australian Government on creating more homes in the future,” Ms Phillips said.