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INCREASE THE SUPPLY

Objective:

Increase the supply and range of properties available for private rental.

Initiatives Achievements

Call for expressions of interest from institutional investors to develop and rent 200-400 private rental dwellings. Incorporating the potential for shared equity and on sale to eligible tenants as part of a wider land release of up to 1000 sites.

Expressions of Interest have been sought, and the evaluation process is near completion.

Support the introduction, through a non-government provider, a homeshare program to both provide accommodation for low-income singles or students and support older people to remain in their homes.

An expression of interest has been received to set up a three year pilot scheme.

Arrangements are being finalised to undertake a trial program for 12 months.