Hot off the heels of the heavily attended PIA and Gadens seminar
last night, we now provide (as promised) an outline and
analysis of the key changes announced on 20 May 2011 to
the State Environmental Planning Policy for Affordable Rental
Housing (AH SEPP)
In addition, to view our recent update on the State
Government's overhaul of Part 3A (Major Projects), click
here.
Overhaul of AH SEPP, effective immediately
The Affordable Rental Housing SEPP was introduced in July 2009
to facilitate new affordable rental housing by providing a range of
incentives to encourage developers to build new developments, of
which at least 20% of units would be affordable rental
housing, managed by not-for-profit community housing providers for
a period of time (10 years). As discussed more fully in our
September 2009 update (click
here to read), the general incentive provided
was increased density/floor space being allowed.
