• UDIA responds to Planning and Building Legislation Amendment (Housing Affordability and Other Matters) Bill 2017

    2017-08-10

    UDIA responds to Planning and Building Legislation Amendment (Housing Affordability and Other Matters) Bill 2017

    UDIA has prepared a submission responding to the Planning and Building Legislation Amendment (Housing Affordability and Other Matters) Bill 2017. One of the main purposes of this Bill is to amend the Planning and Environment Act 1987 to facilitate affordable housing supply.
     
    However, there is a view within industry that the definition of affordable housing proposed in the Bill will lead to greater uncertainty in terms of what will constitute actual affordable housing stock. There is further concern that a lack of transparency around the sale price for an end product could inspire reluctance from the industry to proceed with residential development, due to a perception of increased risk and uncertainty.
     
    The Planning and Environment Act 1987 does not provide s scope to specify price ranges for the purchase or rent of housing, and the UDIA has suggested there is scope to require a methodology for calculating the sale price of the end product that meets the definition of affordable housing.
     
    UDIA has put forward the definition of affordable housing as defined by the Affordable Housing Industry Advisory Group, which addresses the range of income to which affordable housing should be made available, and what ‘appropriate housing’ may be defined as.
     
    To read the UDIA’s full submission, please see here. To view the proposed changes as put forward by the Government, please see here