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‘Australia’s Social Housing System is Broken’ Productivity Commission - March 2018

This report explores the broken state of Australia's social housing system, highlighting the growth and evolution of community housing and the challenges it faces. It discusses the increasing demand and limited supply, as well as the need for community housing organizations to diversify and find new funding mechanisms to remain viable. The report also addresses the transfer of risks and liabilities from the government to the sector.

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‘Australia’s Social Housing System is Broken’ Productivity Commission - March 2018

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  1. ‘Australia’s Social Housing System is Broken’Productivity Commission - March 2018

  2. Community housing – where did we come from? Most public housing development post WW2 as housing for workers Community housing grew from grass roots activism eg co-ops & rooming houses By 90s, community housing was becoming more business-like and growing Late 90s public housing introduced more targeting Early 2000s housing regulation caused sector consolidation 2006-09 large investment in community housing

  3. Community housing – what do we look like now? Community housing now owns and/or manages just on 83,000 rental units 1 in 5 social housing properties are managed by NFP Own and/or manage $30b real estate Generates about $700m in rental income pa Largest CHO has over 11,000 properties Multi-jurisdictional providers Expansion in product offerings

  4. INCREASING CAPACITY The sector has demonstrated its capacity to house Victoria’s most disadvantaged – with some becoming developers in their own right

  5. The demise of public housing ‘The key public housing challenges we identified in 2012—financial sustainability that is managed using short-term approaches, ageing stock and growing demand that cannot be fully met within existing resourcing levels—have persisted.’ VAGO - 2017

  6. Social housing as a proportion of all housing stock

  7. Community housing as the growth vehicle Demand outstrips supply with over 150,000 on the waiting lists 400,000 households eligible for social housing but cannot access it Government begrudgingly annoints community housing as the growth vehicle without clear role statements Transfers risks and liabilities to the sector

  8. Community housing as the growth vehicle New funding mechanisms • Low cost loans/bond aggregator • Annual subsidies rather than grants • NDIS housing CHOs need to diversify to remain financially viable and relevant • Property development including market sales • Real estate services • Property management services for private parties • Social enterprises eg maintenance services

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