The group behind a series of "deep green" inner-city apartment projects – which attempt to cut profit-driven developers out of the construction process to reduce housing costs – has won a $100,000 state government award to push ahead with their latest project.
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| Architects Fairley Batch (left) and Rachel Nolan on the site of what will become Nightingale Village. |
Nightingale Housing will on Thursday be given the first grant from the Andrews government's $1 million "Social Impact Investment" sustainability fund.
The not-for-profit organisation was established to share knowledge and support architects, who often invest in the projects. Profits are capped at 15 percent - far less than is normal in the Australian development sector.
Read the story in today’s Age by Clay Lucas - “Green developers say $100,000 award will help them build a village.”
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