Seven parties have been shortlisted to develop proposals under Phase 2 of the NSW Government’s Social and Affordable Housing Fund (SAHF), which is expected to deliver an additional 1200 homes for vulnerable families.
The shortlisted applicants progressing to the Request for Proposal stage are Anglican Community Services, Bridge Housing Ltd, Housing Plus, Mission Australia Housing Partnership, the NSW Aboriginal Land Council, SGCH Portfolio Ltd and Uniting NSW/ACT.
Minister for Social Housing Pru Goward said in total the SAHF will deliver up to 3400 social and affordable homes across NSW, with the second phase to have a focus on vulnerable older women in housing stress.
“The SAHF is an innovative opportunity to boost social and affordable housing stock, while at the same time helping to improve the lives of the most vulnerable across our state,” Ms Goward said.
“This Fund, together with the nation’s leading social and affordable building program Communities Plus, will deliver thousands of much-needed homes for those who need them most.”
The SAHF generated a strong market response, and the shortlisted parties to develop proposals have provided sufficient scope to meet the target of 1200 dwellings, including the delivery of 30 per cent in regional areas of NSW. The successful proponents will be announced later this year.
The SAHF was set up 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 130 families have moved into social and affordable homes funded under the first procurement phase of the SAHF, and building work is well underway across the state to deliver more homes close to train stations, bus stops, shops, schools and services.