Propertydevelopment andassetmanagement.
Housing Choices is looking to grow responsibly towards becoming a national organisation. The traditional method for community housing growth has stemmed from capital funding from government together with a cocktail of other contributions in the form of debt, proceeds from divestments, philanthropic donations and negotiated land from local councils. Rental income from housing stock transfers has been utilised to generate additional contributions toward housing supply (specifically in Tasmania and South Australia). The current funding environment is di erent in various states and is still being formulated at a federal level. It is clear that the direction of future funding will be in the form of long-term debt arrangements where the government provides improved terms on interest for our sector and recurrent government subsidies to address the gap between social housing and the market. We are looking for new partnerships, including rental management opportunities to respond to this environment.
In order to fully leverage these initiatives, we have worked hard to understand the most appropriate housing to address our resident’s needs. For example, many residents have multiple disabilities and are ageing. We have participated in a research project into these requirements (ageing-in-place). We also know that there are significant benefits for residents living in mixed tenure environments and many of our developments provide community spaces and placemaking opportunities. Additionally, we are looking to leverage planning policy incentives available in many states (inclusionary zoning) as a way of providing better value and creating additional housing supply.
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Growing our impact and influence |
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