The ACT Government has established the Affordable Housing Innovation Fund to encourage and support new approaches to increasing the supply of affordable housing in the ACT.
The focus of the Innovation Fund is to increase the supply of affordable rental housing options for households who are in housing stress in the private rental market, or are looking for options other than public housing. We are looking to support pilot projects, and provide funding to support the initial stages of innovative new programs until they can become self-sustaining.
Organisations were recently invited to apply for funding to support projects within one or more of the following categories:
|Affordable Rental Real Estate Management||Landlords provide their property to either a not-for-profit real estate agency or to another social housing provider to be rented out to eligible low income tenants at below market rent.|
|Home Sharing||Homeowners with a spare room in their own property are matched with low income tenants seeking affordable rental accommodation, in exchange for providing assistance around the house.|
|Co-Housing||A group of interested purchasers come together and collectively design and fund their own multi-unit housing project.|
We are currently assessing applications and will announce successful grant recipients soon.
For more information about the Innovation Fund and the application process, please contact: