Affordable housing contributions
Some development in Green Square, Ultimo/Pyrmont (City West) and the Employment Lands may require a contribution towards the cost of providing affordable housing.
Providing affordable housing is a key focus of the City’s long-term development strategy for Green Square, Ultimo/Pyrmont (City West) and the Employment Lands.
The redevelopment of these areas has increased land values, which has increased the cost of buying or renting homes, making them beyond the reach of very low to moderate income households.
Providing affordable housing ensures people living in low to moderate income households can continue to live and work in the city.
One of the following affordable housing contributions programs may apply depending on the location of the proposed development. Refer to the map below to see where the 3 programs apply.
An on-site contribution amount is calculated as a percentage of the total floor area of the development. Monetary contributions are indexed yearly according to the relevant program. Refer to the links below for current contribution rates and payment requirements in each area.
Affordable housing contributionsAims to retain a socially diverse population as the area undergoes significant renewal.Published 18 March 2020
Affordable housing contributionsSecuring affordable housing through development in Pyrmont and Ultimo.Published 1 July 2020
Affordable housing contributionsSecuring accommodation for essential and low income earners as new jobs are created.Published 1 June 2020