A $14 million redevelopment of the former adult learning site in Church Street, North Hobart announced on 6 February 2013 will provide homes as well as education and training opportunities for young people.
Housing Tasmania will primarily fund the Trinity Hill project from its capital works budget.
The project is expected to create 100 direct and indirect jobs and produce around $34 million in economic activity.
The proposed education and training centre will build on Trinity Hill's long-standing tradition of training young Tasmanians.
The project will provide modern accommodation for young Tasmanians, including young people living with disabilities.
Sixteen of the 46 independent units will be specifically designed for young people supported through the National Disability Insurance Scheme.
The Trinity Hill project is part of Housing Tasmania's ongoing work to increase the supply of affordable housing, which delivered more than 1400 affordable homes between January 2009 and July last year.
Plans are in place to deliver 1000 new affordable homes over the next four years.
Neighbours and other parties will be consulted during the development to ensure it is integrated in the community.
In the coming weeks, Housing Tasmania will appoint an architect for the design of the proposed redevelopment.
The architect will be required to seek input from stakeholders in preparing a site plan.
Housing Tasmania has written to immediate neighbours to invite them to an information session on site.
Trinity Hill was one of Hobart's first primary schools and its rich cultural heritage will be secured in the site's redevelopment.
Once the necessary approvals are received, the redevelopment is expected to take around 18 months to complete.
6 February 2013