Community Housing Providers will receive relief from rent rises in the private market with an immediate $7.5 million funding boost to keep properties available for social housing tenants.

The additional investment from the NSW Government will be used to retain rental properties that are home to families in social housing who have not been affected by the rising private market rents.

Member for Manly, James Griffin MP said that this is a welcome relief for local community housing providers in the Northern Beaches whose private rental properties used to assist clients are subject to increased rent.

“Many people and local organisations are doing it tough due to unexpected costs brought
about by COVID-19 and recent natural disasters,” Mr Griffin said.

“The additional funding will allow organisations to sustain their leases and continue to
deliver positive outcomes for their clients.”

Minister for Families, Communities and Disability Services Natasha Maclaren-Jones said in
response to the impact of the pandemic, floods and bushfires the NSW Government is
committed to ensuring there is no loss of social housing.

“These additional funds will assist providers facing increases in rent and rental property
shortages in the private market,” Mrs Maclaren-Jones said.

The funding boost is on top of the $86.1 million that community housing providers receive
each year to fund leasing subsidies and will retain more than 650 properties, including
around 500 in regional NSW.

Currently, more than 5,900 leases are managed by these providers, with the majority of
leasing subsidies in Greater Sydney.

An additional 1,750 properties are leased by providers to deliver short-term crisis and
transitional housing for people who are experiencing homelessness or at risk of