Community housing sector growth opportunities: collaboration between government and industry to drive supply
The community housing sector has demonstrated it can deliver better value for money in increasing the supply of social and affordable housing by working in partnership with government rather than government directly providing housing. This is largely due to the sector’s charitable status making it exempt from income tax, GST, land tax and stamp duty, its ability to leverage government funding with funding from other sources, including National Housing Finance and Investment Corporation (NHFIC) and its access to additional Commonwealth funding through tenants being eligible for Commonwealth Rent Assistance (CRA).
This report seeks to demonstrate the benefits that the community housing sector can bring to partnerships with government to deliver social and affordable housing. The report identifies and assesses potential delivery models which could be used as part of a pipeline of strategic initiatives by the State Government to partner with the community housing sector to drive social and affordable housing supply and support sector capability and growth.