Affordable and Diverse Housing Fund

Decision Maker: Council

Decision status: Recommendations Determined

Decision:

Moved by Councillor Scott, seconded by Councillor Scully –

It is resolved that:

(A)        Council note:

(i)          the Affordable and Diverse Housing Fund was established by the City of Sydney in 2015, with a total of $10,350,000 allocated for the provision of affordable housing projects in the City of Sydney;

(ii)         to date, seven grants and one tranche of operational expenditure have been provided from the Fund, allocating $10,010,000 and leaving $340,000 remaining unallocated;

(iii)        to date the Fund has contributed to the creation of 483 new and refurbished affordable and diverse dwellings, which could house approximately 500 people to live and work in our city through the following grants and tranche of operational expenditure;

(a)        $1,500,000 grant to HammondCare for an affordable housing aged care facility at 118A Darlinghurst Road, Darlinghurst;

(b)        $3,000,000 grant to St George Community Housing for the development of Youth Foyer units and affordable housing dwellings in Chippendale;

(c)         $1,000,000 cash grant awarded to redevelop the Wesley Edward Eagar Centre to provide accommodation and support for homeless;

(d)        $1,000,000 cash grant awarded to the University of Technology Sydney to support the creation of Australia's first Indigenous Residential College;

(e)        $3,000,000 has been recommended to Wesley Community Services for affordable housing;

(f)          $10,000 cash grant was awarded to Housing All Australians Limited to support an economic study into the long-term costs of not building sufficient affordable, social and public housing;

(g)        a $150,000 grant was awarded to St George Community Housing to improve Affordable Housing opportunities for Aboriginal and Torres Strait Islander people; and

(h)        the City also conducted the Affordable Housing Ideas Challenge with a $350,000 operational expenditure budget;

(iv)       the Fund’s objectives have been successfully met, and have made a significant contribution to the delivery of the City’s Social Sustainability Policy and our City For All Strategy;

(v)         on 9 March 2020, Council considered the report on Sustainable Sydney 2050 Update: Affordable and Equitable (Strategic Directions 4 and 6- An Equitable, Affordable and Inclusive City and Housing for All) and noted the proposal to contribute an extra $10M to the Affordable and Diverse Housing Fund through the discounted sale or leasing of surplus City land, and/or cash; and

(vi)       this additional contribution listed in (v) will be considered when Sustainable Sydney 2050 is adopted, and the revised Long Term Financial Plan is finalised; and

(B)        the Chief Executive Officer be requested to consider the inclusion of a further $10 million allocation to the Affordable and Diverse Housing Fund in the City’s 2021/22 Budget, Operational Plan and Long Term Financial Plan, 2021-2024.

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Note – The varied motion above was not carried. The resolution as below was carried –

It is resolved that:

(A)        Council note:

(i)          the Affordable and Diverse Housing Fund was established by the City of Sydney in 2015, with a total of $10,350,000 allocated for the provision of affordable housing projects in the City of Sydney;

(ii)         to date, seven grants and one tranche of operational expenditure have been provided from the Fund, allocating $10,010,000 and leaving $340,000 remaining unallocated;

(iii)        to date the Fund has contributed to the creation of 483 new and refurbished affordable and diverse dwellings, which could house approximately 500 people to live and work in our city through the following grants and tranche of operational expenditure;

(a)        $1,500,000 grant to HammondCare for an affordable housing aged care facility at 118A Darlinghurst Road, Darlinghurst;

(b)        $3,000,000 grant to St George Community Housing for the development of Youth Foyer units and affordable housing dwellings in Chippendale;

(c)         $1,000,000 cash grant awarded to redevelop the Wesley Edward Eagar Centre to provide accommodation and support for homeless;

(d)        $1,000,000 cash grant awarded to the University of Technology Sydney to support the creation of Australia's first Indigenous Residential College;

(e)        $3,000,000 has been recommended to Wesley Community Services for affordable housing;

(f)          $10,000 cash grant was awarded to Housing All Australians Limited to support an economic study into the long-term costs of not building sufficient affordable, social and public housing;

(g)        a $150,000 grant was awarded to St George Community Housing to improve Affordable Housing opportunities for Aboriginal and Torres Strait Islander people; and

(h)        the City also conducted the Affordable Housing Ideas Challenge with a $350,000 operational expenditure budget;

(iv)       the Fund’s objectives have been successfully met, and have made a significant contribution to the delivery of the City’s Social Sustainability Policy and our City For All Strategy;

(v)         on 9 March 2020, Council considered the report on Sustainable Sydney 2050 Update: Affordable and Equitable (Strategic Directions 4 and 6- An Equitable, Affordable and Inclusive City and Housing for All) and noted the proposal to contribute an extra $10M to the Affordable and Diverse Housing Fund through the discounted sale or leasing of surplus City land, and/or cash; and

(vi)       this additional contribution listed in (v) will be considered when Sustainable Sydney 2050 is adopted, and the revised Long Term Financial Plan is finalised.

The amendment was carried on the following show of hands –

Ayes (4)          The Chair (the Lord Mayor), Councillors Kok, Scully and Thalis

Noes (2)          Councillors Chung and Scott.

Amendment carried.

The amended motion was carried unanimously.

S129266

Report author: Erin Cashman

Publication date: 14/12/2020

Date of decision: 14/12/2020

Decided at meeting: 14/12/2020 - Council

Accompanying Documents: