Ryde Council Gets Keys To First Affordable Housing Unit
Published on 27 July 2017
Ryde Council has taken ownership of the first affordable housing unit resulting from its Affordable Housing Policy. The Policy adopted in 2016 aims to ensure that 5% of all new dwellings built over the next 20 years are assigned as ‘affordable housing’.
The new one-bedroom unit is located in the Macquarie Park Village on Herring Road, 400m from Macquarie University station. It will be managed by registered housing provider Link Housing on behalf of the Council.
City of Ryde Mayor, Clr Bill Pickering, said: “This is a very real and positive step towards solving the housing crisis faced by thousands of low-income families who do not have access to market-level rental properties.
“Council is aiming for a portfolio of at least 250 affordable dwellings for essential workers, over the next two decades. This will be supplemented by a further 500 properties supplied by the State Government.
“Developers have responded positively to our Policy with at least seven affordable dwellings to be delivered within the next 18 months,” the Mayor said.
Council’s Affordable Housing Policy mixed model approach will see affordable dwellings located throughout the City, making them accessible to a wide and diverse range of families and individuals.
"Our policy supports people of all ages, family compositions and demographics. We want to support those who require a safe and stable home and a decent place to live as the foundation of being part of the wider community," the Mayor said.