Advisory Center for Affordable Settlements & Housing

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Models of Sustainable and Affordable Housing for Local Governments

Local Governments in NSW have been involved in the provision of affordable housing (see, for example, Waverley, Randwick, Willoughby), many Local Governments have been concerned that housing is a Federal and/or State Government issue. What is beginning to emerge in Australia is a partnership approach to the provision of affordable housing supply. The most recent example of this approach is the National Rental Assistance Scheme under this scheme an annual subsidy of 6,000 from the Federal Government and 2,000 from the State Government to provide affordable rental housing. The NSW Government has an Affordable Housing Innovation Fund which provides equity funds for partnerships (including Local Government) that are increasing the supply of affordable housing. The national Government is also sponsoring a $500 million, Housing Affordability Fund.

 


 

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