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AHC to receive Federal Affordable Housing Support

The Aboriginal Housing Company’s application for Affordable housing support under the Gillard Governments National Rental Affordability Scheme (NRAS) has been successful. Local Member Tanya Plibersek met with the AHC on 20th October to announce that Three projects in Redfem will deliver 114 new affordable rental properties, including 62 in the Pemulwuy Project. AHC's Mick Mundine and DeiCorp's Project Manager Greg Colbran briefed Ms Plibersek on the AHC’s plans which are expected to be with the department of Planning for public exhibition within weeks. Below is the text of the media release issued by Ms Plibersek.

114 more affordable rental homes in Redfern

Tanya Plibersek, Federal Member for Sydney, met with the Aboriginal Housing Company today following their successful application under the Gillard Governments National Rental Affordability Scheme (NRAS)

Residents in Redfern will have access to more affordable rental accommodation after the announcement of NRAS round four funding which will deliver over 200 projects to build more than 17,000 properties for low to moderate income households to rent below market rate.

"Three projects in Redfem will deliver 114 new affordable rental properties, including 62 in the Pemulwuy Project alone," Tanya Plibersek said.

In addition to the 62 new dwellings in the Pemulwuy Project, Ms Plibersek announced successful applications for 52 new affordable studio apartments for rent in Redfern.

"These dwellings are some of many developments across the nation that will help to play a part in addressing housing affordability under NRAS

"I am very pleased to welcome this investment in the Pemulwuy Project through the Labor Government's NRAS."

The National Rental Affordability Scheme is about increasing supply of new affordable rental housing, reducing rental costs for low and moderate income households and encouraging investment and innovative affordable housing.

It also provides a welcome boost to the domestic construction industry where conditions remain soft due to the lingering impacts of the Global Financial Crisis.

We provided support to domestic construction when the worst of the Global Financial crisis hit and initiatives like NRAS, continue to provide an ongoing pipeline of work for the sector" said Ms Plibersek.

NRAS offers financial incentives to the business sector and community organisations to build and rent homes to low and moderate income households.

The Gillard Government has committed to support 50,000 NRAS properties. with up to 35,000 dwellings across the country by 30 June 2014, and the remaining 15,000 by 30 June 2016.

Other successful applications under NRAS round four in the Sydney electorate include:

  • 828 dwellings in the Frasers Property site on Broadway in Chippendale:
  • 83 dwellings in Glebe and Zetland through City West Housing.

Source: The Hon. Tanya Plibersek MP Federal Member for Sydney Media Release 20 October 2011