Housing Policy and our commitment to housing affordability
We updated our Housing Policy in July 2021. Our Housing Policy describes how we will contribute to NSW’s housing needs with focus on affordability, choice, quality, universal design through demonstration, advocacy and advice. We track and report our progress in delivering diverse, affordable and resilient housing in our Sustainability Report.
Our updated Housing Policy applies to all new projects. These important projects will include delivery of:
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a minimum 5% affordable housing for rent managed or owned by Community Housing Providers and
this along with other affordable housing products will make up at least 10% of the total dwellings. This means more long term rental housing for key workers and those whose income cannot meet the cost of housing - a minimum of 15% diverse housing to provide
a choice of different housing types within each community that meet people’s preferences and needs in terms of size and built form, financial model and/or tenure or occupancy arrangements - a minimum of 30% universal housing to provide more homes that support people ageing in place and all kinds of families, and people with disabilities.
Our housing leadership is demonstrated in our projects.
At our Queenscliff project in North Manly, we are demonstrating adaptive reuse of a former community health facility into affordable housing. Partnering with Community Housing Provider Link Wentworth Housing, the project will deliver 37 dwellings comprising studios, one and two bedroom dwellings with almost one third of these dwellings targeting women over 55 who are at risk of being homeless.
At Lachlan’s Line Lot 117, we are delivering affordable housing in a different way. Partnering with Community Housing Provider Link Wentworth Housing, the project will deliver 100% affordable housing in a building of 95 apartments.
