Social and Affordable Housing Fund Phase II
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
The Social and Affordable Housing Fund (SAHF) is a $1.1 billion New South Wales Government initiative funding the provision of social housing - and related services - from private and not-for-profit consortia through an availability-type payment stream. The Government is investing the money to provide a stable income stream for up to 25 years to boost social and affordable housing, with homes to be built over four years.
In September 2017, the NSW Government announced that the second phase would provide 1,200 dwellings in addition to the 2,200 from phase 1. Of the 1,200 houses, it is expected that 70 per cent would be social housing and 30 per cent would be affordable housing. Additionally, a target of 30 percent of dwellings are to be delivered in regional areas. The Government has also indicated a focus on housing which targets older women.
Contracts are likely to be 25 year terms, condition on feedback from the market.
In October 2017, the Government began market sounding to engage with community housing providers, not for profit and commercial organisations.
Registration of Interest opened in December 2017, followed by the release of the Request of Expressions of Interest in February 2018. Contracts are expected to be awarded by the end of 2018.
It is also expected that some changes will be made to simplify the procurement process, compared to phase one.
Last reviewed: 08/02/2018