Social and Affordable Housing Fund

The Social and Affordable Housing Fund (SAHF) is a new approach to the way Social and Affordable Housing is delivered in NSW. The SAHF is a key initiative of Future Directions to provide more Social Housing.

The SAHF comprises two main elements:

  1. SAHF NSW (the Fund): The NSW government has contributed $1.1 billion in seed funding which will be invested by the NSW Treasury Corporation. The returns will be used to support SAHF Phase 1 projects.
  2. FACS Commissioning Unit: A dedicated unit established within the Department of Family and Community Services to commission and procure social and affordable housing services.

The SAHF is a key component of the NSW Future Directions for Social Housing in NSW strategy to provide more social and affordable housing in NSW.

SAHF Phase 1 is the first commissioning process for social and affordable housing services supported by the Fund.

SAHF Phase 1 providers are contracted to deliver access to 2,200 additional social and affordable homes in metropolitan and regional NSW in locations which best balance supply and demand, together with access to support services through tailored support coordination.

The Request for Proposals evaluation process was completed in November 2016. In March 2017, Service Agreements were awarded to five successful parties:

  • BaptistCare NSW & ACT
  • Compass Housing Services Co Ltd
  • SGCH Sustainability Limited
  • St Vincent de Paul Housing
  • Uniting

The Program has selected proposals which will deliver quality services whilst providing value for money and unlocking contributions such as non-government land.

The service agreements will run for 25 years and will comprise:

  • access to accommodation
  • asset management and tenancy management services
  • coordination of access to support services tailored to each household member
  • performance and data reporting.

It is not intended that FACS own the housing asset. The majority of the homes are expected to be delivered within three years, with the balance delivered within four years. Contracts with service providers for access to accommodation and tailored support coordination will be in place for 25 years.