The project was commissioned by Community Housing Industry Association NSW (CHIA NSW) and Homelessness NSW, and aimed to estimate the costs of delivering new supply of social and affordable housing based on needs estimates developed in AHURI research for social housing, and extended in this project to estimate needs for affordable housing. This research focused on an assessment of housing needs, rather than who strictly qualifies for housing assistance or is on a formal wait list for social housing.
The analysis centres on two cohorts. The first are households deemed to be in need of ‘social housing’ (implying higher levels of housing subsidy) and includes only households in the bottom income quintile (Q1) for Australia and who are in private rental stress, combined with homelessness figures. The second category relates to households in need of ‘affordable housing’ (implying lower levels of housing subsidy) which includes households who were assessed as being in housing stress who are in the second income quintile (Q2) for Australia.
Using needs assessments, the research estimates the cost to government in delivering those needs over the next 20 years. Cost to government has been modeled according to a number of different funding scenarios outlined below: