Decision details

Moved by Councillor Ellsmore, seconded by Councillor Thompson –

It is resolved that:

(A)       Council note:

(i)         the City of Sydney has the longest running affordable housing contributions scheme which has collected over $400 million in developer contributions;

(ii)        the City of Sydney has supported affordable housing through $31.6 million in discounted land sales, $13 million in grants and various planning agreements since 1995;

(iii)       this program has delivered 3,388 affordable homes, built or in the pipeline, and is on track to reach 5,338 new affordable homes, in perpetuity, by 2036; and

(iv)       affordable and diverse housing is delivered by community housing providers and other not for profit organisations including where genuine affordability is ensured via a commitment that rent be capped at 30% of household income; and

(B)       the Chief Executive Officer be requested to prepare a report on the outcomes from developer contributions, discounted land sales or transfers, grants and planning agreements, which includes:

(i)         where these homes have been delivered;

(ii)        which housing providers these homes have been delivered to;

(iii)       what level of rent is being charged in these homes;

(iv)       what types of housing has been delivered; and

(v)        clarity on which of these homes have been built using affordable housing grant schemes, including through cash grants, land transfers or discounted sales; and what homes have been delivered using contributions from the Affordable and Diverse Housing Fund.

Carried unanimously.

X113765