City of Sydney affordable housing program

To provide housing for a mix of income groups, development in the City of Sydney local area is required to make a contribution towards affordable housing.

Published

This program applies to all development applications lodged from 1 July 2021.

The program provides the background, requirements and operational detail for various affordable housing contribution provisions in local environmental plans operating in the City of Sydney local area.

Equivalent monetary contribution amount

A developer may choose to provide affordable housing onsite or pay an equivalent monetary contribution to allow housing units to be built elsewhere in Green Square.

The equivalent monetary contribution amount effective from 1 March 2021 to 28 February 2022 is $10,588.

Indexation

The equivalent monetary contribution is indexed to ensure it reflects the costs associated with providing affordable rental housing. The rates are indexed yearly on 1 March, based on the median strata dwelling price in the City of Sydney local government area as detailed in NSW Government rent and sales report.

City of Sydney affordable housing programPDF · 806.46 KB · Last modified