Improving housing affordability in NSW
The NSW Government is taking action to improve housing affordability across the state, particularly in Sydney where the challenge is the greatest, and has asked Landcom to reorient our business towards this goal. We now have a new and very clear mandate – to take a lead role in improving the supply, diversity and affordability of new housing in Sydney and NSW.
Increase the affordability, supply and diversity of housing
We will undertake strategic projects in Sydney and other parts of the state, demonstrating different potential housing solutions. New housing will include a mix of types, tenures and price points for a range of households including Affordable Housing managed by Community Housing Providers and particularly moderate income households and first home buyers.
We will also provide practical advice to Government on policy initiatives, and the cost impact of these to the private sector.