Draft Housing Action Plan
Total Page:16
File Type:pdf, Size:1020Kb
The Leichhardt Council: DRAFT HOUSING ACTION PLAN 2016-2025 Pathways for Delivering Housing Supply, Choice and Affordability 1 Amend No Date Change Author Subject of Amendment 1 January 2016 Stacey Miers; Amendments to Report submitted Erla Ronan September 205 Policy Meeting Contact Disclaimer Leichhardt Municipal Council Leichhardt Council does not warrant the 7-15 Wetherill Street accuracy of this information and accepts no Leichhardt NSW 2040 liability for any loss or damage that you may suffer as a result of your reliance on this Phone: (02) 9367 9222 information, whether or not there has been Fax: (02) 9367 9111 any error, omission or negligence on the part Email: [email protected] of Leichhardt Council or its employees. Web: www.lmc.nsw.gov.au The research paper was prepared by Stacey Miers from SLM Consulting on behalf of Leichhardt Council 2 Table of Contents Report Structure .................................................................................................................... 7 Key Housing Terminologies and Definitions ........................................................................ 8 Chart - Housing Supply Categories with Regard to the Australia Housing Policy Environment ........................................................................................................................ 10 Section 1.0 Report Background & Overview ...................................................................... 11 1.1 Leichhardt’s Development History and Housing Impacts ......................................... 11 1.2 Leichhardt Municipal Council - Current Initiatives to Address Affordable Housing Supply Shortages ............................................................................................................ 12 Section 2.0 Key Population and Housing Characteristics ................................................... 13 2.1 Leichhardt a Snapshot ............................................................................................... 13 2.2 Population Characteristics ........................................................................................ 13 Chart-Leichhardt’s Population and Age Structure ..................................................................... 13 Chart-Changes to Leichhardt’s Population and Age Structure Between 2006 and 2011 .... 14 2.3 Income and Accommodation Issues for Ageing Australians - ................................... 15 Chart-Income by Age-50 Years & Over ....................................................................................... 15 Chart- Housing Tenure Profile of Older Australians .................................................................. 16 2.3.1 Ageing Population and Aged Care Issues ........................................................................ 16 2.4 A Snapshot of Housing Issues ................................................................................... 18 2.5 An Undersupply of Affordable Rental Accommodation ........................................... 19 Chart-Residential Vacancy Rates- selected NSW regions (2014) ............................................. 20 Chart-Percentage of Affordable Private Rental Stock in NSW (June 2014) ............................ 20 2.6 Leichhardt’s Housing Tenure Profile ......................................................................... 21 2.7 Housing Stress Across all Housing Tenures .............................................................. 21 Table –Housing Stress for all Housing Tenure in Leichhardt, Greater Sydney, NSW in 2011 .......................................................................................................................................................... 22 2.8 Rental Stress .............................................................................................................. 23 Table-Rental Stress for Leichhardt, Greater Sydney and NSW in 2011-Enumerated ............ 23 2.9 A Lack of Low-Cost Accommodation - The Impact on Key Workers and Research Students .......................................................................................................................... 24 Chart- Changes in Occupation and Employment-Between 2006 & 2011 for Leichhardt .... 25 2.9.1 Accommodation Costs – Do We Need Researchers? ...................................................... 25 2.10 Summary of Key Population Issues and Housing Characteristics ........................... 25 Section 3.0 Initiatives to Address Housing Supply Deficiencies In Line with Urban Renewal ............................................................................................................................................ 28 3.1 Delivering Affordable Housing a Global Challenge ................................................. 28 3.1.1 Identified Key Issues For Addressing The Housing Affordable Gap ............................. 30 3.2 Urban Renewal Case Studies and Addressing Affordable Housing Deficiencies ..... 30 3.3 Urban Renewal Case Studies and Affordable Housing Outcomes ........................... 31 3 3.3.1 Affordable Housing Supply Initiatives - Western Australia ............................................. 32 Table-Case Study - 'Stella Orion' Stage 2 – The City of Cockburn and the Department of Housing Western Australia Joint Venture Housing Development that Included Affordable Housing Products ........................................................................................................................... 33 3.3.2 Affordable Housing Case Study City of Port Phillip Fisherman’s Bend Victoria ........... 34 Table-Case Study - City of Port Phillip Fisherman’s Bend Victoria, Housing Supply Project and its Housing Affordability Policy Objectives ......................................................................... 34 3.3.3 Urban Renewal, Affordable Housing Supply and Best Practice, Key Findings from Case Study Report Commissioned by City of Sydney Council ................................................ 35 3.3.4 Identified Best Practice Principles in Urban Redevelopment Projects .......................... 36 3.3.5 Case Study, NSW Housing Co-operatives Delivering Small-Scale Affordable Housing Projects ............................................................................................................................................ 37 3.3.5.1 Van Lang and Kapit Bahayan Co-operative Housing Development ........................... 37 3.3.6 Affordable Developed Above Council Car Parks “Air Space” at Port Phillip ................ 39 3.3.7 Exploring Opportunities to Develop the Air Space above Leichhardt Councils Car Parks ................................................................................................................................................. 40 3.4 Delivering Affordable Housing Options Through the Social and Affordable Housing Supply Fund .................................................................................................................... 40 3.5 Summary Table - Urban Renewal Case Studies and Housing Supply Impacts .......... 41 3.6 An Overview of Local and International Affordable Housing Supply ....................... 42 Section 4.0 Mechanisms to Supply Affordable Housing in NSW ........................................ 43 4.1 Value Capture/Inclusionary Zoning .......................................................................... 43 4.2 Value Capture/Inclusionary Zoning and the NSW Planning System ........................ 43 4.2.1 The Use of Value Capture/Inclusionary Zoning for Affordable Housing- City of Sydney 4.3 The City West Urban Renewal Project - Ultimo/Pyrmont .......................................... 44 4.3.1 The City West Urban Redevelopment and Its Inclusionary Zoning Scheme ................ 45 4.4 The Development of City West Housing ................................................................... 45 4.5 Green Square Urban Renewal Project -Affordable Housing and Inclusionary Zoning ......................................................................................................................................... 45 4.6 City West Housing and Green Square ....................................................................... 45 4.7 The Redevelopment of South Sydney Hospital – A Master Plan Delivering Affordable Housing – The Green Square Urban Renewal Project ..................................................... 47 4.8 Barangaroo Affordable Housing Initiatives .............................................................. 48 4.9 Glebe Affordable Housing Initiatives .................................................................................... 48 4.10 Harold Park Affordable Housing Initiatives ............................................................ 48 4.11 Facilitating Affordable Housing Supply in Inner Sydney– Identified Barriers ........ 48 4.12 Overview of Land Value Capture ............................................................................ 49 4.13 Exploring Opportunities to Support the Development of Affordable Housing Bonds ............................................................................................................................... 49 4.13.1 Housing Bond Guarantee-How do they work ................................................................. 49 4.13.2 Current Research on the Development of Housing Bond Guarantees in Australia ... 49 4 4.13.3 New Zealand and Housing Bond Guarantees ................................................................ 50 4.13.4 Establishing a Framework for Issuing Affordable