Community housing’s record $1.2b investment in housing shows NSW Government the way forward for stimulus

The community housing sector has invested a record $1.2 billion in new social and affordable homes in NSW, industry data released today by the Community Housing Industry Association NSW shows.

The level of investment represents the biggest ever financial investment from non-profit NSW community housing providers and demonstrates the positive social returns that can be built with COVID-19 stimulus from the Federal and NSW Government.

In NSW, the community housing sector has grown from delivering 68 new dwellings in 2012 to over 3,200 by 2020.

Community Housing Industry Association NSW CEO Mark Degotardi said the report highlighted the achievements, capacity and capability of the community housing sector in NSW.

“Our sector is a huge job creator. Over the last 10 years we’ve created ongoing roles in construction, maintenance, property development, tenancy management and administration. Community housing providers now manage over 50,000 homes in NSW,” said Mr Degotardi.

“A targeted social housing stimulus is not only viable but would create and sustain new jobs, grow the economy and provide new homes for NSW families,” stated Mr Degotardi.

CHIA NSW is called on the NSW Government to implement stimulus policies to boost social housing stock, supporting the NSW families and the economy.

‘This report underlines the value of community housing to the NSW economy. The not-for-profit community housing sector has invested over 1.2 billion dollars across 45 local government areas, developing over 3,200 homes in the process’, said Mr Degotardi.

‘Community housing has proven beyond any doubt that we can deliver new jobs, new homes, and new investment. With targeted stimulus from government, we can support new construction jobs and support more vulnerable NSW families,’ said Mr Degotardi.

Policies that should be considered as part of a targeted social housing stimulus include:

  • A NSW Government Social and Affordable Housing Capital Fund to support the community housing sector to create more social and affordable housing and begin addressing current social and affordable housing shortfalls.
  • Funding from the NSW Government to address the maintenance backlog across the Government’s social housing dwellings, reducing long term maintenance costs and providing rapid stimulus to the construction sector.
  • Commitment to a mandated 30% social and affordable housing development target on government land. This commitment would unlock new opportunities for projects from the community housing sector, investors, and developers supporting new jobs and providing long term benefits to the community.

Read CHIA NSW’s Community Housing in NSW Development Snapshot

RELEASE ENDS

Media contact: Jenny Stokes, 0478 504 280

NSW Housing Strategy needs to seize once-in-a-generation investment opportunity

NSW’s peak community housing body, the Community Housing Industry Association NSW (CHIA NSW), today welcomed the release of the NSW Government’s Housing Strategy Discussion Paper, while noting more action is needed to not miss a once-in-a-generation chance to reshape NSW’s housing infrastructure.

‘The release of the discussion paper is a good first step in addressing NSW’s housing priorities. It follows important and welcome changes by the NSW Government in planning policy and social housing lease arrangements which will aid the State’s economic recovery,’ said CHIA NSW CEO, Mark Degotardi.

‘We are looking forward to making a contribution to this Strategy and working with the NSW Government to ensure community housing is recognised as an important part of the State’s housing mix’, said Mr Degotardi.

The Strategy Discussion Paper clearly states that social housing supply was not keeping pace with rising demand. CHIA NSW stated that with forecasts revealing that over 43,000 homes will now not be built nationally over the next 12 months alone[1], there was an urgent need for the State government to invest in new social housing.

‘It’s clear that private investment in housing is falling away fast. Now is the ideal time for government stimulus that can fund the housing sector where private investment has dropped away,’ said Mr Degotardi.

‘A broad strategic discussion on how to set the future priorities for housing in NSW is critically important.  But the short term economic, employment and housing stress issues exacerbated by the pandemic need immediate attention.

“We need the Government to move quickly to fund social housing as part of its economic stimulus plans. Every dollar invested in social housing will generate $1.30 through new economic activity and job creation[2].  Social housing infrastructure is one of the best investments our State can make,’ said Mr Degotardi.

“Now is the time for social housing stimulus. The Federal Government missed the opportunity but direct financial assistance from the NSW Government can kick start a construction jobs boom in NSW and house more NSW families who are struggling with the financial impacts of COVID-19,” Mr Degotardi said.

Media contact: Hannah Craft, 0423 377 965

[1] Master Builders Association, https://www.masterbuilders.com.au/Newsroom/Housing-Sector-Devastated-By-COVID-19-Impact

[2] KPMG, ‘Social Housing Initiative Review’ (2012), http://www.nwhn.net.au/admin/file/content101/c6/social_housing_initiative_review.pdf

Community housing supports NSW Government’s homelessness package, but urges social housing stimulus

The Community Housing Industry Association NSW, the NSW peak body for the community housing sector, has stated its members stand ready to support the NSW Government’s historic $36 million package to alleviate homelessness.

The NSW Government’s Together Home program will aim to purchase units from the private market and convert them to social housing units, with community housing providers to be involved in the process of managing associated properties.

Community Housing Industry Association NSW CEO Mark Degotardi welcomed the Together Home package and said members would be ready to assist the NSW Government.

“This package is a strong step forward in nullifying the negative social impacts of COVID-19, we welcome the NSW Government’s investment in tackling these issues.”, said Mr Degotardi.

“Community housing providers now manage over 50,000 homes in NSW. Many of our tenants have gone through tough times, so community housing providers have deep expertise in working with tenants to turn their lives around. That journey starts with secure housing for many families and we will support the NSW Government’s efforts to make that a reality,” said Mr Degotardi.

The peak body also called for further stimulus in social housing to secure housing for NSW families in unaffordable and insecure circumstances.

“To make the effort to fight homelessness truly effective, the NSW Government needs to invest in more social housing as a key stimulus measure that creates more secure homes, new jobs in construction and new economic activity,” stated Mr Degotardi.

“The community housing sector has shovel-ready projects on its portfolios that with NSW Government support could drive new investment for our State and create the secure housing we desperately need.”

RELEASE ENDS

Media contact: Jenny Stokes, 0478 504 280

LAHC CHP Asset Management Allocation Policy

The NSW Land and Housing Corporation has developed a new policy framework to guide the allocation of property management of LAHC properties to registered community housing providers.

The LAHC Community Housing Provider Asset Management Allocation Policy will provide a consistent allocation approach for small-scale management allocations, which can be delivered more efficiently and at a reduced cost to both government and the community housing sector.

Continue reading