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MA Housing celebrates transfer of 494 homes |
| 28 April 2011 |
 MA Housing staff and Board members have celebrated the new ownership of 494 homes officially transferred as part of the Nation Building Economic Stimulus Plan (NBESP) Stage 2. To mark the milestone, new MA Housing Director Evelyn Horton took on her first official responsibility in cutting the cake at the MA Housing Board meeting on Wednesday. “It’s a significant week for MA Housing,” said MA Housing CEO Andrew McAnulty. “Thanks to the NSW and Australian governments MA Housing will have the capacity to leverage these new assets to produce even more housing. Together, we are starting to address the affordable housing challenge.” The 494 homes are part of 37 NBESP projects that were officially transferred from the NSW Government on 18 April, just under half of the total number of homes won by MA Housing in a competitive tender in 2010. In Sydney, the new homes are located at Chester Hill, Padstow, Revesby, Yagoona, Blackett, Blackheath, Blacktown, Blaxland, Cambridge Park, Kingswood, Lalor Park, Lethbridge Park, Mt Druitt, Seven Hills, Shalvey, St Marys, Werrington and Willmot. On the Mid North Coast of New South Wales, MA Housing has also received properties in Coffs Harbour, Forster, Kempsey, Laurieton and Taree. These 37 projects will house a variety of tenants, including families and elderly people from the central Housing NSW social housing waiting list. MA Housing aims to provide 1,200 social and affordable homes by 30 June 2011 and will continue to work in partnership with Housing NSW and private sector partners to increase the overall stock of affordable homes in the state. In April 2010 the National Housing Supply Council reported that there was a 178,000 gap between housing demand and supply, which is predicted to grow to over 500,000 by 2020. MA Housing was established in April 2009 to help address the supply of affordable housing and to provide low income individuals and families with pathways away from homelessness.  |
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