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The NSW Community Housing Asset Management Policy sets out the requirements community housing providers must comply with in managing assets. It clarifies the respective roles of government and providers, and recognises providers’ increased asset management responsibilities, including asset ownership, management, planning and maintenance.

The policy is based on the Community Housing Asset Management Strategy which was extensively consulted on with the sector. The finalised strategy will be released shortly.

The Asset Management policy complements other community housing policies, such as those for rent, access, eligibility and asset ownership. As with those other policies, compliance will be achieved through FACS’ Performance and Contract Management Framework and through regulatory oversight by the Registrar of Community Housing.

The policy has been developed to help providers to maintain assets and enhance amenity, and undertake portfolio planning to meet housing need. Compliance with the policy in relation to these objectives will vary according to the class of registration.

The policy requires providers to maintain properties they manage in accordance with the NSW Government's Asset Standards. New social housing properties should comply with the NSW Government's Design Requirements.

Last updated: 29 Jan 2018
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