Sustainable Sydney 2050 Update - Affordable and Equitable (Strategic Directions 4 and 6 - An Equitable, Affordable and Inclusive City and Housing for All)

09/03/2020 - Sustainable Sydney 2050 Update - Affordable and Equitable (Strategic Directions 4 and 6 - An Equitable, Affordable and Inclusive City and Housing for All)

It is resolved that Council:

(A)      note the Sustainable Sydney 2050 Update - Affordable and Equitable Report and suggested targets that pertain to these strategic directions; and

(B)      note the proposal to extend and rename the Affordable and Diverse Housing Fund to the Supported Accommodation, Affordable and Diverse Housing Fund to explicitly encourage the development of new accommodation to support people exiting homelessness and contribute an extra $10M in value through the discounted sale or leasing of surplus City land, and/or cash.

Variation. At the request of Councillor Scott, and by consent, the motion was varied, such that it read as follows:

It is resolved that Council:

(A)      note the Sustainable Sydney 2050 Update - Affordable and Equitable Report and suggested targets that pertain to these strategic directions;

(B)      note the proposal to extend and rename the Affordable and Diverse Housing Fund to the Supported Accommodation, Affordable and Diverse Housing Fund to explicitly encourage the development of new accommodation to support people exiting homelessness and contribute an extra $10M in value through the discounted sale or leasing of surplus City land, and/or cash; and

(C)      note that the Terms of Reference for the ‘Supported Accommodation, Affordable and Diverse Housing Fund’, be provided to Council as soon as possible.

The motion, as varied by consent, was carried unanimously.

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