More much-needed housing will be delivered to inner Sydney for women and their children escaping domestic or family violence (DFV), thanks to an innovative partnership and funding model.
City West Housing partnered with local, state and federal government to fund our new 74-unit Boronia Apartments development in the heart of Waterloo.
Today at the development site, the NSW Minister for Families and Communities, Natasha Maclaren-Jones, and Minister for Women’s Safety and the Prevention of Domestic and Sexual Violence, Natalie Ward, announced their Government’s support for the project through a $4.7 million contribution.
The $55 million project is variously being financed through:
- Developer levies from the City of Sydney
- a loan from the Federal Government’s National Housing Finance and Investment Corporation (NHFIC)
- the NSW Government’s Community Housing Innovation Fund – Domestic and Family Violence Program (CHIF-DFV)
- City West Housing cash reserves.
City West Housing CEO Leonie King said, “This safe, secure, high-quality housing will provide a fresh start for women and their children fleeing abuse. This is the first time City West Housing has leveraged our balance sheet to secure project finance for a new development and we are delighted that NHFIC, the NSW Government and City of Sydney have partnered with us to make it happen.”
The Boronia development is currently in the pre-construction phase, with construction expected to begin in early 2023 and be completed in 2024. It will include:
- up to 24 apartments for women and their children escaping DFV
- up to 50 apartments for people on very low to moderate incomes , including key workers in inner Sydney.
As part of our Sustainable Design Approach, all our new developments will include trauma-informed design principles, such as enhanced security, abundant natural light, and open internal and external spaces to promote a sense of calm.
Photo: Minister Ward (left) and Minister Maclaren-Jones (right)