ANZ Group Holdings (ASX:ANZ, NZE:ANZ) pledged to finance 156 new social and affordable homes across Southeast Queensland through national not-for-profit housing provider Community Housing, according to a Thursday statement from the bank.
The homes will be located across three project sites in Redbank, Waterford West, and Miles. The projects will be a mix of one-, two-, and three-bedroom dwellings for individuals over 55 years old, per the statement.
Community Housing is supported by the Queensland government's Housing Investment Fund.
The lender's shares were down almost 1% in Australia in recent Friday trade.
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