NSW government draws a crowd with social housing plans

Property and infrastructure heavyweights Lendlease, Plenary Group, Brookfield Financial, AMP Capital, Macquarie Capital and the Capella Capital have signalled their interest in the latest phase of the NSW government’s social and affordable housing program.

The companies were among a bevy private groups at a briefing yesterday on the next stage of the Social and Affordable Housing Fund, that was set up with $1.1 billion in seed capital, and is ­designed to grow further to provide more housing for vulnerable people.

NSW Social Housing Minister Pru Goward said engaging the community and the private sector was important in ensuring homes were delivered. “With phase two, the NSW government is targeting an additional 1200 new social and affordable dwellings, following the 2200 announced in March,” Ms Goward said.

In the fund’s first phase, five ­organisations received contracts to deliver homes and tailored support services across the state.

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