[no bill text published] NSW Affordable Housing Requirement for Developments of 10 or More Units

Environmental Planning and Assessment Amendment (Affordable Housing Statutory Condition) Bill 2024

Private Member's Bill

26 Sep 2024: This bill has lapsed and is no longer under discussion.

Legislative Assembly

Legislative Council

Assent

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Topics

affordable housing community housing housing supply residential development urban planning

Introduced by: Kobi Shetty MP (GRN)

Links to official parliament websites

Official page: progress through parliament

Official page: bill text and explanatory notes

Effects of this bill

If this bill passes, it means that:

any new residential development involving 10 or more dwellings must allocate a portion of the units as affordable housing.
These units designated as affordable housing must remain affordable in perpetuity. This means that once units are classified as affordable, they cannot be sold or rented at market rates later on. They must stay within the affordability guidelines permanently
Developers cannot isolate affordable units in separate parts of the project. The affordable housing units must be integrated with the rest of the development to prevent social segregation and ensure a mixed community
The affordable units may be managed by community housing providers or other government-approved bodies.
The affordable units may be managed by community housing providers or other government-approved bodies (or they may not, as long as the property manager complies with the rules around assigning and managing designated affordable housing)

News articles and press releases

Environmental Planning and Assessment Amendment (Affordable Housing Statutory Condition) Bill 2024

Ms KOBI SHETTY, Member for Balmain — 2024-09-26

Second, the bill will insert new section 7.32A into the Act. The new section will operate in tandem with any scheme developed under the existing provision to create a statutory condition requiring all residential development projects that will result in the construction of 10 or more dwellings, other than developments being carried out by or on behalf of the Aboriginal Housing Office, the Land and Housing Corporation or a registered community housing provider, to set aside 20 per cent of the residential floor space for affordable housing. The reason for that is simple: Despite local councils having had five years or more to develop their local housing strategies and introduce affordable housing contribution schemes, we are still not seeing satisfactory growth of affordable housing as a proportion of our overall housing stock.