As the peak body for community housing organisations, CHIA’s number one priority is advocating at Federal level for more social and affordable housing. There is a recognised shortfall in supply.
In Australia City Futures research estimated that in 2016 there was a shortfall of around 650,000 social and affordable houses. Two reports released in April 2021 emphasise the affordability crisis is not declining.
According to a CoreLogic report, Sydney home prices surged by 3.7 per cent in March, the fastest monthly rise in 33 years. There were similar increases across the country with property prices jumping 2.4 per cent in Melbourne and Brisbane, 1.5 per cent in Adelaide and 1.8 per cent in Perth. NHFIC meanwhile published an update to its 2020 State of the Nation Report, finding that with the exception of Perth finding an affordable home to rent was a challenge for the bottom 40% of income earners.
CHIA also released its National Plan for Affordable Housing in 2018 which provides a blueprint for the decade.