The NSW state government has opened a new $20 million affordable housing development in the inner city suburb of Zetland.
The 57-unit development on O'Dea Street, near the outskirts of Waterloo and Alexandria, is aimed to provide new housing for people on low to moderate incomes.
The building was funded by City West Housing, developer contributions, the Nation Building Economic Stimulus Plan and the National Rental Affordability Scheme. 38 of the units have been allocated to social housing tenants, and the remaining 19 will go to people on low incomes.
Premier Kristina Keneally welcomed the completion of the latest affordable housing project for people in the inner Sydney area.
"This building is striking in design, sets new standards in construction, and offers secure, affordable housing to people on low to moderate incomes," Ms Keneally said.
"This building is the flagship of a series of successful affordable housing projects delivered by City West Housing in inner city areas in recent years.
"Today we already have tenants moving in to enjoy their new homes, including a dental assistant, a security officer, a child care worker and a fitness instructor," she said.