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

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MAKING MORE HOMES AVAILABLE

Objective:

Ensure the supply of sufficient stock to meet existing and future clients needs.

Initiatives	Achievements
Continue stock restructuring program to increase proportion of two bedroom dwellings including the purchase of up to 20 of the new stand alone house and land packages.	Housing assets are being restructured to better meet client needs. DHCS has agreed to purchase 16 dwelling sites from LDA. These sites will be progressively released during 2008-2009, and will include some compact blocks.
Continue to maximise the return to public housing in future joint ventures and redevelopments.	A Joint Venture Agreement for a site in Lyons was entered into in June 2007.
Introduce a shared equity program for eligible tenants through enabling Housing ACT to retain equity in houses sold to tenants.	Housing ACT is finalising the development of the program.

Initiatives

Achievements

Continue stock restructuring program to increase proportion of two bedroom dwellings including the purchase of up to 20 of the new stand alone house and land packages.

Housing assets are being restructured to better meet client needs.

DHCS has agreed to purchase 16 dwelling sites from LDA. These sites will be progressively released during 2008-2009, and will include some compact blocks.

Continue to maximise the return to public housing in future joint ventures and redevelopments.

A Joint Venture Agreement for a site in Lyons was entered into in June 2007.

Introduce a shared equity program for eligible tenants through enabling Housing ACT to retain equity in houses sold to tenants.

Housing ACT is finalising the development of the program.