Media release
23 June 2026
The 2026 NSW State Budget has made a good start on housing, but the measures won’t be enough to help the over 70,000 households on the social housing waitlist unless it doubles down on investing in social and affordable rental housing, says the Community Housing Industry Association NSW (CHIA NSW).
CHIA NSW CEO Luke Achterstraat welcomed new supply measures in the budget but said they must be scaled up to turbocharge the delivery of more homes through the community housing industry.
“There’s genuinely good policy in this budget. The investment in new modular and prefabricated housing initiatives is bold thinking which has long-term potential to deliver more homes, more quickly, to the people that need it most.
“Extending the Pre-Sale Finance Guarantee to not-for-profit community housing providers with affordable housing projects valued up to $30 million was also the right call.
“The NSW Government also deserves credit for its innovative approach to housing and for locking in a historic pipeline of long-term investment through $6.6 billion Building Homes for NSW program, which was first announced in 2024 and is already delivering great outcomes.
“The Budget’s housing measures provide a strong foundation, but the scale of the crisis means further investment in social and affordable housing is urgently required.
“There are now more than 70,000 households on the social housing waiting list in NSW, highlighting the scale of unmet need across the state.”
Mr Achterstraat said not-for-profit community housing providers are already partnering with government to deliver more homes quickly and efficiently.
“Community housing providers have a proven track record of leveraging government investment, partnering with the private sector and delivering high-quality homes for people who need them most.
“The foundations of this budget are positive. The next step is to build on this momentum and accelerate investment in social and affordable housing so that more people can access a safe, secure and affordable home.
“Addressing the housing crisis requires every available tool. Today’s measures are an important part of the solution, but they should be seen as the beginning of the next phase of housing delivery, not the end.”
Media contact: Tamara Kotoyan, 0430 291 890 or Bron Matherson, 0438 844 765