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City of Sydney Affordable Housing Levy Research

Please Note: the exhibition period for this item has now closed.

Council recently endorsed the City of Sydney Draft Affordable Rental Housing Strategy 2009 – 2014 for public exhibition.  The draft strategy recognises that Council has a social, practical and legislative responsibility to address local housing needs on behalf of the community and that access to secure, appropriate and affordable housing is not only a basic requirement for all people, but also an essential component of an inclusive, dynamic and sustainable city.

An affordable housing levy would be one part of a suite of measures Council is exploring to increase the amount of affordable housing in the City.  Currently, Council can only require contributions to affordable housing in the areas of Green Square and Ultimo / Pyrmont.  In order to introduce an affordable housing levy in other areas of the City, Council would require the endorsement of the NSW Minister for Planning.

Two pieces of research were commissioned by the City regarding the potential introduction of an affordable housing levy.  The first piece of research, the ‘peer review’, was to recommend an appropriate methodology for determining a rate for an affordable housing levy.  The second research paper, the ‘impact analysis’, was to determine the impact of an affordable housing levy on the cost and supply of commercial and residential development in the LGA.

On Exhibition

The exhibition period is now closed.

Submissions

Submissions closed Friday 1 May 2009. 

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Last Updated: Monday 30 November, 2009

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