Collingwood and South Yarra will have new public housing as part of the Victorian government's $5.3 billion commitment to build more than 12,000 social and affordable homes.
Acting Premier James Merlino said the "Big Housing Build" was the single biggest investment in social and affordable housing in Victoria's history.
"Just these two projects will create around 2,000 jobs and deliver 480 new homes," he said.
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