TAHE has unveiled a landmark Affordable Housing Pilot Project in partnership with the Minister for Infrastructure, Cities and Active Transport, Rob Stokes this morning.
Launched at the UDIA’s 2022 State Conference in front of hundreds of industry leaders, the project will unlock hundreds of affordable homes to help tackle the issue of housing affordability.
Transport Asset Holding (TAHE) CEO Bénédicte Colin said the organisation is looking to partner with the industry to deliver this important social reform.
“This is exactly the type of innovative program TAHE was set up to do. As NSW grows, TAHE can reimagine its land holdings to deliver better social and economic outcomes for the community,” Ms Colin said.
“Collaboration between government landowners, combined with the innovation of the private sector, can help develop solutions to the complex problem of housing affordability.”
Minister for Infrastructure, Cities and Active Transport Rob Stokes said the program would utilise previously unused space to take pressure off families.
“From carers to cleaners to café workers, the people who keep our city functioning should not have to travel more than an hour to get to and from work,” Mr Stokes said.
“This new innovative model will empower stakeholders such as community housing providers to do their work without the barrier of having to raise large amounts of capital for the purchase of land.”
Registrations are open to deliver the first tranche of homes at sites in the Bayside, Blacktown, Inner West and Cumberland local government areas.
Future tranches of the pilot program will deliver additional affordable homes in locations across the Six Cities and in regional communities across NSW.
