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Tag Archives: Stock transfer

National Tier one and largest not for profit housing provider, Community Housing Limited (CHL) is excited at the prospect of providing social housing to over 2,200 more people on the NSW Mid North Coast.

In an announcement made by the NSW Minister for Social Housing, Pru Goward, CHL was successful in its tender under the Social Housing Management Transfer Program for the Port Macquarie, Kempsey and Nambucca areas.

CHL will take management responsibility for around 1,300 additional properties, currently managed by Family and Community Services (FACS). Alongside this portfolio growth, CHL will also take responsibility for managing all applications for social housing and private rental assistance in the area, and will take a lead role in coordinating the social housing and homelessness sector across the Mid North Coast region.

“This is a wonderful opportunity for CHL to provide more services to more people, in places where the company has a long history of serving the community”, says Steve Bevington, Managing Director of Community Housing Ltd.

The NSW Government is transferring the management of around 14,000 social housing tenancies to community housing providers by 2019 bringing the total stock under management by community housing providers to 32 per cent.

Properties are scheduled to transfer in late 2018 with the NSW Government maintaining ownership of all of the properties and leasing them to CHL for a 20-year period.

“CHL is looking forward to working closely with tenants and communities, our key partners in the region and FACS over the coming months, to make the transfer a success and improving the overall social housing outcomes in the region,” adds Dr Lucy Burgmann, NSW State Manager for CHL.

This transfer will close to double the total number of properties under CHL’s management in NSW to 2,900 bringing the total national portfolio to around 7,500 properties.