Review of social and affordable housing rent models
The Independent Pricing and Regulatory Tribunal’s (IPART) review of rent models for social and affordable housing was a commitment by the NSW Government under Future Directions for Social Housing in NSW (Future Directions).
Future Directions is a long-term strategy that sets out the NSW Government’s vision for transforming the social housing system. The Future Directions strategy is underpinned by more social housing, more opportunities, support and incentives to avoid and leave social housing and a better social housing experience.
In June 2016, the former Premier wrote to IPART instructing it to undertake a review of social and affordable housing rent models. The Terms of Reference asked IPART to recommend an appropriate rent setting framework that improves incentives for workforce participation. IPART was also asked to consider eligibility criteria, waitlist prioritisation policies and other subsidised housing assistance.
IPART released its final report to the Minister on 6 July 2017. It contains 29 recommendations about changes that could be made to the social housing system in NSW. IPART’s final report was made available by the NSW Government on 4 September 2017. It is available here.
The NSW Government response to the final report is available here.
The NSW Government will further consider the remaining IPART recommendations as part of its ongoing social housing strategy development.
The NSW Government has a strong and positive vision for a sustainable and responsive social housing system which houses those most in need, provides quality support services to tenants, and builds the capability of community housing providers.
It is crucial to ensure that the social housing system continues to provide a safety net for the most vulnerable in our community. It is also a priority of the NSW Government to provide the right supports, opportunities and incentives to help those who can move towards housing independence, and to ensure that the system is sustainable. The NSW Government will only consider and implement changes to the system that are fair and help to improve people’s lives.