The City is working in partnership with other levels of government to address the chronic shortage of affordable housing in the inner city. The City’s Affordable Rental Housing Strategy shows some 8,000 new affordable homes are needed for key workers and social housing tenants. The figure comprises 15% of all city dwellings.
We are working towards this target in various ways. The City itself sold a piece of prime inner city real estate to allow for 100 new affordable housing units to be developed in Zetland by a community housing provider. Sites from the City’s property portfolio continue to be explored to yield more affordable housing.
Site-specific planning controls are now in effect on the Glebe Affordable Housing Project site. The controls facilitate 20 new social housing dwellings and 90 affordable housing dwellings.
To date, 102 units have been developed and rented to low/moderate-income households under the Green Square Affordable Housing Scheme. The scheme will ultimately provide 330 affordable rental units to Green Square.
The City and other councils in the Inner City Mayors Forum are investigating how to supply more affordable housing in inner cities in an environmentally sustainable way. NSW and Federal Government intervention will be essential.