New Chance for Young People at Risk - 90 Regent St

The Property Industry Foundation is leasing the property from the City for an initial period of five years. It will pay no rent, but will be responsible for works to the building in excess of $250,000 to make it safe and habitable.

The Foundation will sub-lease the building to The Salvation Army to run a residential program for young people at risk through its Oasis Youth Support Network Program.

Oasis operates on the principle that intensive work cannot be effectively undertaken with young people until they are off the street and in a safe, stable environment. On any given night, Oasis helps to accommodate and feed more than 100 homeless young people.

The Property Industry Foundation was formed in 1996 by NSW property and construction industry leaders to mobilise the industry's resources to assist charitable organisations providing services to youth at risk.

Information

* Property Industry Foundation: www.pif.com.au

[REDWatch Note - It is not known how this will integrate with existing Youth Services in the area. We understand it has not yet been discussed at the RWA Youth Taskforce that seeks to co-ordinate the areas youth services. The RWA will need to approve the DA for the new facility as the site is within the RWA's planning control.]