image bonds

The Commonwealth Treasury has released the Affordable Housing Working Group’s final report on the complementary measures needed to support the bond aggregator.

The working group made three recommendations:

  1. That the Commonwealth and state and territory governments progress initiatives that close the funding gap, including direct subsidies for affordable low-income rental housing, the use of affordable housing targets, planning mechanisms, tax settings, value-adding contributions from affordable housing providers and innovative developments to create and retain stock.
  2. The Commonwealth and state and territory governments and the community housing sector develop and implement a uniform national regulatory framework to support the implementation of a bond aggregator and the growth of the sector nationally.
  3. The National Industry Development Framework for Community Housing be revised and updated in light of the Review of the National Regulatory System for Community Housing.

You can download the full report here.