HCA Annual Report 2016

Urban Choices Property Launch

Growing impact through new services.

The Housing Choices Group is continuing its expansion into providing diverse options for affordable housing with the launch of a new private property management arm, Urban Choices Property (UCP). Operations commenced in April with a portfolio of 340 properties in Melbourne. The business manages residential dwellings for private owners and all of the dwellings have received an allocation under the Commonwealth National Rental Affordability Scheme (NRAS). The NRAS compliance of all 340 dwellings and the overall property services of over 240 properties is managed by UCP. There are two full time employees, an Officer in Effective Control and a Senior Property Manager who enable the Housing Choices Group to deliver and provide more housing, to more people, in more locations. • • delivering ethical, quality property management services to private real estate investors who offer affordable (reduced market rent) private rental housing to low income households • • operating a commercial property management business. All profits released are applied back to provide social housing services and pursue our charitable objectives. There is a significant growth strategy in place for Victoria which will be implemented during 2017 and beyond. This is achieved by:

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ANNUAL REPORT 2015–16

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