NSW Housing Delivery

09/07/2012 1:31 am

Housing delivery was a major focus of the 2012-13 State Budget issued last month. Planning Minister Brad Hazzard announced a number of new planning initiatives, while the department received an extra $46.2 million over 4 years including $18.8 million in 2012-13. In particular, the budged included:

  • $481 million for the Housing Acceleration Fund to bring forward the delivery of essential infrastructure in key housing supply areas;
  • A $50 million Urban Activation Precincts Support Scheme to be run by the department in partnership with local councils to deliver important infill and urban renewal projects;
  • $75 million to acquire land for regional open space and transport corridors in Sydney;
  • $13 million to accelerate the assessment of state significant developments;
  • Merging Landcom and the Sydney Metropolitan Development Authority to create a new organisation, Urbangrowth NSW, which will coordinate the delivery of new housing, the roll-out of infrastructure to service development areas and fast-tracking of urban renewal projects.

Other current projects which will assist in housing supply include development of a new Metropolitan Strategy and a new planning act.