The ANU has the welcome news that they’re throwing up another 1023 new accommodation units over the next two years.
The ACT Government is making land available and the Commonwealth’s National Rental Affordability Scheme (NRAS) is putting in some of the money.
ANU Vice-Chancellor Professor Ian Chubb said: “When the Commonwealth and ACT contributions are added to the University’s, the total investment will be $200 million.
“We welcome the Commonwealth and ACT Government investments in this much-needed project. It is a very strategic investment.
“The new accommodation will fill a significant gap in accommodation in Canberra for those students who come to the ACT to study at ANU.
That should free up some much needed breathing space in the inner city accommodation market.