The Palaszczuk Government is launching a bold new housing plan backed by $1.9 billion investment and a further $1 billion Housing Investment Fund to boost housing supply and increase housing and homelessness support across Queensland.

The government will pay for about 3,600 new houses over the next four years and is expected to build 6,365 new public housing dwellings by December 2025.

The decision comes after consistent calls from the welfare sector to put forward $4 billion investment to address the current housing shortages gripping Queensland.