Logo here Local Government & Community Affordable Housing Partnerships [NAME] Council [ Presenter’s Name]

Purpose

AFFORDABLE HOUSING

 What is it?

 What is the scale of the problem?

 Why do we need it?

 What roles do we play in its provision?

 What action can we take at a local level?

My organisation

 Part of the community housing sector  Delivery of social housing by the not-for-profit sector  Delivery of flexible and innovative housing solutions  [

Name of Organisation to be added here

]

(Information to be inserted here by community housing provider – please refer to the Users Manual)

The affordability problem



Home ownership no longer a reality for many

 First home buyers halved since 2001  Sydney and many regions now unaffordable 

Private rental also unaffordable for many

 Sydney and many regions affected   Growth in rental stock mainly at high end

Serious pressure on lowest cost rental

  Long waiting times for public housing Loss of low cost flats, boarding houses & caravan parks

The scale of the problem

371,000 Households Living in Housing Stress in NSW - 2006 Census 52% 48% Purchasers Private Renters

     194,000 private renters – mostly single people, single parents & older people 176,000 purchasers – mostly couples with children Spread across income ranges & broadly distributed geographically Mostly in employment Tend to be younger

Not just a Sydney issue

The local context – Part 1

Housing Affordability

70 65 60 55 50 45 40 35 30 Parramatta Sydney SD NSW

% of Households in Rental Stress % of Households in Home Purchase Stress

The local context – Part 2

Tre nds in House and Re ntal Price s

400 350 300 250 200 150 2001 2002 2003 2004 2005 2006 Median House Prices '000 Median Market Rent

The economic and social impacts Economic:

    Economic instability Labour shortages Loss of population Increased demand for public housing

Social:

 Range of ‘human costs’  Barrier to economic participation and educational opportunities   Reinforces patterns of segregation and exclusion Greater demand for social payments

What is being done to address this problem?

 International Recognition  National Recognition  Framework for National Action on Affordable Housing  Federal Government Action on Affordable Housing  State-Wide Recognition  NSW Initiatives to Boost Affordable Housing   Planning for the Future Metropolitan Strategy

At the national level

 The Federal Government has announced new initiatives to address affordable housing. A working group of the Council of Australian Governments has been established to implement:  a $500 million Housing Affordability Fund  a National Rental Affordability Scheme  building 600 new units for homeless people  an audit of Commonwealth, State and Territory land  a new National Housing Supply Research Council

$49.8m Affordable Housing Innovations Fund

 Established by NSW Government to boost supply of affordable housing  $10.4m for new affordable housing at St Marys  $39.4m for debt equity partnerships with community housing providers  State government contributes 60% of funds  Community housing providers contribute a mix of equity and debt finance  Tenders to be streamlined with the NRAS

What can we do at the local level?

AFFORDABLE HOUSING PARTNERSHIP

Local Government & Community Housing Organisation

Role of local government in the Partnership

Local Government can provide strategic direction and leadership. It can also bring:     research, planning & design expertise land, housing or $’s created through planning instruments / mechanisms resources from surplus land or building audit, or land banking other funding or resources from rates, grants, etc Affordable Housing Units created by Waverley Council Planning Mechanisms

Role of community housing in the Partnership

City West Housing Project  Community housing is recognised as a key channel for the delivery of ‘affordable housing’ – Why?

 Community housing can act as a:    project partner source of funds property and/or tenancy manager

What can my organisation bring to the Partnership?

(Information to be inserted here by community housing provider – please refer to the Users Manual)

Where to from here?

 Commitment to establishing an Affordable Housing Partnership – complex problems require holistic solutions  Beginning of discussion on:   Local needs and solutions – i.e. diagnosis of the problem and potential opportunities for joint working How we can work together – identification of the ways we can work together – what can the partnership do?  Possible implementation mechanisms

Funding for this Project was provided by business units of