Conscious IM Boosts Victorian Social Housing with $150M Investment

October 13, 2021
OnImpact By OnImpact

Conscious Investment Management is the cornerstone investor in a $150 million fund to buy a range of properties, across Melbourne, that will be allocated as social and affordable housing.

The firm will partner with HousingFirst, a community housing association, and state government agency, Homes Victoria, to purchase 307 newly built apartments. These organisations will manage the allocation of homes to people on the Victorian Housing Register, which currently has more than 50,000 people on its waitlist.

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