Attracting investment from outside the S

Attracting investment from outside the Social Housing system

Private, community, and local government involvement in the Social Housing system has the potential to leverage additional resources and expertise. This will assist in increasing the availability of affordable Social Housing.

The Commonwealth and each State will negotiate and enter into a Bilateral Agreement for Grant Years one to five that states how they will involve the private sector, community, and local government in the provision of Social Housing. Measures may include, but are not limited to:

 Attracting not for profit contributions to the provision of affordable housing;

 Exploring the use of private, community, and local government investment capital or other mechanisms to direct investment to affordable housing;

 Changes to fiscal measures including the use of State and Territory government charges such as stamp duty and land tax to develop affordable housing opportunities;

 Involving the private sector, community, and local government in urban renewal and stock reconfiguration;

 Engaging external agencies/services/initiatives that may result in identifiable savings to housing programs; and

 Partnerships and joint ventures between State governments and other government, non-government, community or private sector organisations.