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Develop Affordable Housing overview

The NSW Government supports the development of affordable housing that is targeted to very low, low and moderate income earners. It does this in a range of ways, including:

  • Providing floor space incentives for developments which contain affordable housing through the planning mechanism of the State Environmental Planning Policy (Housing) 2021 (Housing SEPP)
  • Facilitating other incentives for developments which contain affordable housing via mechanisms such as negotiated/voluntary planning agreements
  • Offering financial and other incentives, in partnership with the Commonwealth Government, to build and rent new properties at below market rents, for example via National Rental Affordability Scheme (NRAS)
  • Making grants available to assist construction of new affordable rental housing through the Community Housing Innovation Fund and Social and Affordable Housing Fund
  • Encouraging partnerships between community housing providers, local government and others, including private developers, on affordable housing projects
  • Providing assistance to councils to secure affordable housing.

It is important to reiterate that affordable housing (as a discount to market rent product) commonly requires a subsidy or assistance from one or more levels of Government to make development feasible.  Generally, a range of measures and partners will be required for an affordable housing project to stack up financially.

The section on examples of affordable housing projects provides more information.

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Last updated: 28 May 2024