Social and Affordable Housing Fund




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Social and Affordable Housing Fund
Social and Affordable Housing Fund Phase I
Social and Affordable Housing Fund Phase II
STATUS

Prospective pipeline

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.

Credibly proposed

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.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

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.

Recently closed

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:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Recently closed
VALUE: $1.1bn AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Confirmed PPP
TYPE: Greenfield

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 or non-profit consortia through an availability-type payment stream. The Government’s investment arm, TCorp, 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.

The SAHF was established under a Memorandum of Understanding between Infrastructure Partnerships Australia and the NSW Government in early 2015, which saw an initial endowment of $1.1 billion of asset recycling proceeds invested in the Social and Affordable Housing Fund to fund the trial of the concepts developed in IPA’s paper From housing assets, to housing people: Fixing Australia’s social housing system.

The SAHF will increase the capacity of the NSW social housing system by 2,200 new dwellings. The first phase of the SAHF aims to establish service agreements for social and affordable housing accommodation, comprising the delivery of housing along with tenancy and asset management, as well as coordinating access to social support programmes and services where appropriate.

The majority of the 2,200 homes will be built on land contributed to the State by non-government organisations. The second phase was announced in June 2017.


Social and Affordable Housing Fund Phase I


PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
 Social and Affordable Housing Fund Phase I

STATUS: Recently closed
VALUE: $1.1bn AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Confirmed PPP
TYPE: Greenfield

The first phase of the Social and Affordable Housing Fund aims to establish service agreements for social and affordable housing accommodation, comprising the delivery of housing along with tenancy and asset management, as well as coordinating access to social support programmes and services where appropriate.

Phase 1 of SAHF has seen circa 2,200 new social/public housing dwellings contracted by non-government providers, which will come on-line over four years. The majority of the 2,200 homes built will be on land contributed to the State by non-government organisations.

In March 2017, the NSW Government announced that five consortia have been awarded contracts to deliver homes and tailored support services for the first phase of the SAHF.

The successful parties and their target cohorts are:


-BaptistCare NSW & ACT – delivering 375 homes for older people in housing stress and at risk of homelessness and 125 homes for single parent families with a focus on women impacted by domestic violence;
- Compass Housing Services Co Ltd – delivering 600 homes for tenants that are close to support services and infrastructure;
- SGCH Sustainability Limited – delivering 300 homes for tenants with tailored support coordination services and quality dwellings close to services and infrastructure;
- St Vincent de Paul Housing – delivering 500 homes to general and older aged tenants;
- and Uniting – 300 homes for people aged over 55 without children at home.


Social and Affordable Housing Fund Phase II


PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
 Social and Affordable Housing Fund Phase II

STATUS: Announced
VALUE: $1.1bn AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Confirmed PPP
TYPE: Greenfield

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 or non-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. 

The Government will begin market sounding to engage with community housing providers, not for profit and commercial organisations in October 2017. It is expected that some changes will be made to simplify the procurement process, compared to phase one.


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Government sponsors

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Supporting agencies

 
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