Homes for Homes has opened a funding round for social and affordable housing projects, with up to $300,000 available in the ACT and up to $140,000 available in Victoria.

Homes for Homes CEO Steven Persson said the organisation would take a flexible approach to the projects it supports.

“Housing providers know who is experiencing homelessness and housing stress in their area of operation, and what their needs are,” Persson said.

The organisation is keen to fund high-impact projects and are open to all proposals from community housing providers and property developers. Any organisation that can create social and affordable housing is encouraged to apply.

This funding round marks the second time Homes for Homes has released funds in Victoria and the ACT.

Last year, Homes for Homes awarded $500,000 to five organisations, supporting projects ranging from long-term accommodation for matched pairs of older women stuck in the unaffordable private rental market to a six-star energy rated home for a young family in housing stress.

Persson said that Australia is facing a housing crisis, with almost 200,000 households on the waitlist for social housing. Thankfully there is a huge appetite to solve this problem.

“With overwhelming support from developers, community, business and government, Homes for Homes is on track to generate over $1 billion over the next 30 years. This is a long-term generational solution that works,” he said.

From Tuesday 11 June to 5 July, social and affordable housing providers in the ACT and Victoria can apply for funding. A group of experts and industry-based advisory board will assess the projects.