Shelter NSW Seminar

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Shelter NSW Seminar
Private rental housing how can it work for
low-income renters? Shelter NSW seminar 15 June
2006 Andrew Larkin
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The role of the Centre for Affordable Housing and
options for promoting affordability in the
private rental market

• Andrew Larkin
• A/Director
• Centre for Affordable Housing

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Centre for Affordable Housing

• Working with local councils on affordable
  housing strategies and initiatives
• Facilitating affordable housing projects
• Research and policy development on affordable
  housing
• Affordable housing demonstration projects
• Delivery of affordable housing in major
  developments

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Affordable housing through development agreements

• ADI site
• 150 lots over 14 years
• Affordable Housing Trust / Company
• Joint venture development / management vehicle
• Rouse Hill approximately 40 affordable housing
  dwellings over 10 years
• Sydney Olympic Park

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Debt Equity projects

• Mixing government equity, non-government equity
  and debt
• Round 1 - 3.4 million government funding
  considerable leverage
• Round 2 expression of interest process shortly
• Rent policy 74 of market rent or rent to
  income scales

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Assisting low-income households to access private
rental

• Mixmatch between low-rent private rental and low
  income households
• Rentstart
• Private rental brokerage service
• Tenancy guarantees

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Work with Councils

• Affordable housing policies in L.E.Ps
• Facilitating affordable housing projects
• Seniors living SEPP affordable housing
  opportunities
• Affordable housing through voluntary development
  agreements
• Local Government housing kit
• North Coast region project

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NSW Affordable Housing Strategy

• Prepare initial NSW Affordable Housing Strategy
  by mid-2006
• Improve the affordability of housing in general
• Build the capacity of not-for-profit affordable
  housing provides
• Improve access to affordable housing for
  moderate and lower income groups

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Framework for National Action on Affordable
Housing

• Agreed by Housing, Planning and Local Government
  Ministers in August 2005
• Three year work program
• National development plan for not-for-profit
  providers
• Planning policies to improve housing
  affordability
• Examine range of policy levers to support
  affordable housing