Four providers will deliver more than 1000 additional homes for vulnerable families under Phase 2 of the NSW Government's $1.1 billion Social and Affordable Housing Fund (SAHF).
Congratulating the successful parties, Minister for Social Housing Pru Goward said the SAHF will continue to provide housing and tailored access to support services for tenants, including medical care, employment and education.
"The SAHF empowers people to live more independent lives and supports them to break the cycle of disadvantage, with this phase particularly focused on older people," Ms Goward said.
"The Labor Government sold off social housing without a comprehensive strategy to re-invest the funds into new, fit-for-purpose housing. In contrast, The NSW Liberals & Nationals Government is embarking on the biggest social housing construction program in Australia, building almost 27,000 social and affordable homes over ten years."
The successful parties, who will provide quality dwellings close to infrastructure and tailored support services, are:
- Anglicare – delivering 550 homes
- Housing Plus – delivering 220 homes
- SGCH Portfolio Ltd – delivering 260 homes
- Uniting – delivering 300 homes.
Combined with Phase 1, the SAHF now has contracts in place for access to over 3,400 homes across NSW. The majority of these homes will be built on land owned or acquired by non-government organisations.
The SAHF was established with more than $1.1 billion in seed capital from the NSW Government, which is invested to provide a stable income stream for up to 25 years to boost social and affordable housing.
Since May 2017, more than 320 individuals and families have moved into social and affordable homes funded under the first procurement phase of the SAHF.