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Governing the City State - Chief Minister and Treasury Directorate ...

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The usual model is that Commonwealth <strong>and</strong> <strong>State</strong> governments provide <strong>the</strong> initial capitalfunding to build housing. Generally, <strong>the</strong> relevant state government funds <strong>the</strong> ongoing assistedliving/ building independence programs. O<strong>the</strong>r models with potential for <strong>the</strong> ACT would begreater links to <strong>the</strong> concessional rent scheme, <strong>the</strong> redevelopment of 'brown fields' sites forsupported housing – for example, redevelopment of <strong>the</strong> ABC flats in Reid - <strong>and</strong> a blend ofprivate <strong>and</strong> public sector partnerships.The Review notes that <strong>the</strong> ACT Government has recently provided additional funding to <strong>the</strong>not-for-profit community housing provider, CHC Affordable Housing, to increase <strong>the</strong>availability of affordable rental homes.This follows a $50 million facility provided to CHC in August 2008, in addition to <strong>the</strong>transfer of about $40 million worth of housing stock to assist <strong>the</strong> company to deliveraffordable housing. As at 30 June 2010, CHC had delivered 101 dwellings for sale <strong>and</strong> 110for rent, including in Holt, Calwell, Crace, Forde, Franklin, Gilmore, Harrison, Higgins,Kaleen, Latham, Lyons, Melba, Pearce, Scullin, Wanniassa <strong>and</strong> Gungahlin.The $20 million extension to CHC's loan facility will be applied to increasing <strong>the</strong> number ofaffordable rental properties in <strong>the</strong> ACT for people on low to moderate incomes.The complexities of <strong>the</strong> current l<strong>and</strong> release <strong>and</strong> development system have been compoundedby a number of external impacts, particularly by requirements under <strong>the</strong> EPBC Act, which havepunctured many of <strong>the</strong> Territory’s earlier assumptions about <strong>the</strong> yield potential of its greenfielddevelopment fronts. While dem<strong>and</strong> for l<strong>and</strong> may moderate, to fill current <strong>and</strong> potentialshortfalls in supply, <strong>the</strong> Government is engaging <strong>the</strong> community on <strong>the</strong> need for, <strong>and</strong> benefitsof, greater levels of urban consolidation. Unless <strong>the</strong> l<strong>and</strong> release process can be simplified, itseems inevitable that Government policy objectives will be difficult to achieve.While <strong>the</strong> administrative steps for moving l<strong>and</strong> into <strong>the</strong> pipeline are lengthy <strong>and</strong> involve anexhaustive number of studies, from a strategic management perspective <strong>the</strong> crucialrequirement is to ensure that all <strong>the</strong> studies are scheduled early in <strong>the</strong> process to allow fororderly planning of releases <strong>and</strong> to avoid <strong>the</strong> need to revisit strategic decisions. There is nodoubt that clear parameters limiting <strong>the</strong> scope for administrative duplication <strong>and</strong> repeatre-evaluations would assist to streamline <strong>the</strong> processing of estate development planning.Sustainability, Housing Affordability <strong>and</strong> Transport: 310

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