UDIA appreciates the opportunity to offer our comments to the City of Newcastle’s (CN) draft Affordable Housing Contributions Scheme (draft Scheme), and we welcome further engagement prior to the finalisation and implementation of the Scheme.
UDIA supports the intent of the draft Scheme being to increase the supply of housing, in particular the supply of affordable housing for the community. However, UDIA has a number of concerns regarding the proposed contributions and the potential unintended consequences of the Scheme, and we offer recommendations for finalising the Scheme.
Our full Submission can be found at the Download button below