Affordable rental housing strategy

Takeaways

• In 2009, we adopted an affordable rental housing strategy that was developed in collaboration with private and not-for-profit organisations.
• The key objectives of the strategy are to:
  • increase the amount of affordable rental housing in the local area for very low, low and moderate-income households
  • protect the existing stock of low-cost rental accommodation (such as boarding houses)
  • encourage a diverse range of housing in the local area
  • work with other inner Sydney councils to address affordable rental housing at a regional level.
• The strategy identifies the need to increase the supply of affordable rental housing stock by nearly 8,000 by 2030.