The scheme applies to community housing providers (CHPs).
CHPs must be licensed in order to undertake regulated residential building projects. They must provide a rating report from an approved rating entity to support their licence application, and pay licence fees, including the licence application fee and the annual licence term fee.
CHPs are exempt from the activity-based component of the fees. This will support the viability of CHP-delivered projects and assist these organisations in continuing to deliver social and affordable rental housing. This fee exemption only applies to projects constructed by registered CHPs or their wholly owned subsidiaries.
The activity-based fee will apply to projects that are delivered through joint venture arrangements between CHPs and non-CHP entities.
The provisions in Part 5 of the Act, which relate to rectification orders, stop work orders, and undertakings apply to CHPs. Directors of CHPs are excluded from the director liability provisions in Part 5 of the Act.