Affordable Housing

In response to the strong need to increase the supply of affordable housing, the NSW Government has created new planning incentives through the State Environmental Planning Policy (SEPP).

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The Affordable Rental Housing SEPP aims to increase the amount and diversity of housing types and make it easier and quicker for owners and developers to build affordable housing.

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The SEPP encourages new partnerships between the private and community housing sector by offering density bonuses for the construction of new housing that incorporates a percentage of affordable rental housing.

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These partnerships are also designed to allow developers to access the benefits of the National Rental Affordability Scheme (NRAS) and the Economic Stimulus package funding.

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New construction which includes affordable housing is to be managed for a period of 10 years by a Registered Community Housing provider. After this period the owner/developer can sell the property/ies or rent them at market rent.

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Metro Community Housing meets the criteria to access these incentives and invites partnerships with owners/developers wishing to be involved in the development of affordable housing.