MEDIA RELEASE: New initiatives set to increase supply of social and affordable housing
Photo Credit: Damian Shaw
Published by: www.news.com.au | Story by: Owen Roberts
A RAFT of new initiatives aimed at increasing Sydney’s supply of social and affordable housing have offered low-income earners new hope of getting into the rental market without a hefty price tag.
Projections from the NSW Federation of Housing Associations have shown community housing providers are forecast to deliver 1200 affordable homes by 2020.
City West Housing, one of the largest affordable housing providers, currently has 640 units in the pipeline across Alexandria, Glebe, Waterloo and Harold Park.