ACT Affordable Housing

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Invitation to make submissions

12.09.08

Members of the public, community and business organisations are invited to make submissions to the Affordable Housing Steering Group.

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Affordability improves for first homebuyers

20.08.08

The Government has welcomed a new industry report showing that first home buyer affordability increased by 10% in the June quarter of 2008, compared to the same quarter in 2007.

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Affordable Housing Action Plan Progress Report

> Download (PDF 124kb)

Affordable Housing Action Plan

> Download (PDF 145kb)

Report of the Affordable Housing Steering Group

> Download (PDF 458kb)

Ministerial Statement on Housing Affordablity

> Download (PDF 60kb)

HOUSING WHEN YOU NEED IT MOST

Objective:

Strengthen the role of Housing ACT as the key provider of social housing in the ACT.

Initiatives	Achievements
Housing ACT continue to provide housing support to households in stress on low incomes (below $32,700).	Public housing eligibility criteria are benchmarked against 60% of Australian Average Weekly Earnings (AAWE) for single and 75% AAWE for two applicants, plus 10% AAWE for each additional household member.
Continue to examine the sale of up to 500 public housing properties with a tranche of sales to be to public housing tenants on moderate or high incomes.	The 2003-2008 Public Housing Asset Management Plan is being reviewed. The Government has announced a program to encourage public housing tenants on higher incomes (over $80,000) to purchase their home, or consider renting in the private market. The introduction of a Shared Equity Scheme will assist those public housing tenants on more affordable income to acquire their public housing property.
Housing ACT aim to house top priority waiting list applicants within three months.	Procedures have been reviewed to ensure top priority applicants are now being housed within three months.

Initiatives

Achievements

Housing ACT continue to provide housing support to households in stress on low incomes (below $32,700).

Public housing eligibility criteria are benchmarked against 60% of Australian Average Weekly Earnings (AAWE) for single and 75% AAWE for two applicants, plus 10% AAWE for each additional household member.

Continue to examine the sale of up to 500 public housing properties with a tranche of sales to be to public housing tenants on moderate or high incomes.

The 2003-2008 Public Housing Asset Management Plan is being reviewed.

The Government has announced a program to encourage public housing tenants on higher incomes (over $80,000) to purchase their home, or consider renting in the private market.

The introduction of a Shared Equity Scheme will assist those public housing tenants on more affordable income to acquire their public housing property.

Housing ACT aim to house top priority waiting list applicants within three months.

Procedures have been reviewed to ensure top priority applicants are now being housed within three months.