Upcoming
We are pleased to share the following details of the upcoming projects we will be involved in.
Further updates will be provided as more information becomes available. If you have any questions regarding these projects, please feel free to contact us—we're happy to assist.
Ground Lease Model 2 (GLM2)
The Ground Lease Model 2 (GLM2) is part of the Victorian Government's Public Housing Renewal Program, focusing on delivering new housing across multiple sites. Under this model, public land is leased to a consortium that is responsible for designing, financing, constructing, and managing social, affordable, market, and disability rental homes.
GLM2 will deliver 1,370 homes across four Melbourne sites, including social and affordable housing, market rentals, and specialist disability accommodations. This project is innovative because it involves both public and private sector collaboration, aiming to meet modern housing needs and sustainability standards.
HHR will provide management services for the affordable and market rental dwellings, assisting CHL in the ongoing management of the sites. This project follows a similar structure to the now delivered, Ground Lease Model 1.
Housing Australia Future Fund (HAFF)
The Housing Australia Future Fund (HAFF) is a $10 billion initiative designed to address the urgent need for social and affordable housing in Australia. By leveraging investment income, the fund aims to provide long-term, sustainable financing for housing projects without heavily impacting the government's budget. Over the first five years, HAFF will deliver around 30,000 homes, with 20,000 dedicated to social housing and 10,000 for affordable housing targeted at essential workers.
Community Housing Limited (CHL) will actively submit tenders for HAFF projects across Australia. If a submission is approved and there is a need for affordable or market housing management, HHR will support the development by providing management services for these properties.
Housing Investment Fund (HIF)
The Housing Investment Fund (HIF) is an initiative by the Queensland government to increase the supply of social and affordable housing. The fund was boosted to $2 billion, with a target to deliver 5,600 new homes by 2027. The HIF provides subsidies, grants, and other financial support to developers, community housing providers, and investors to encourage the creation and management of long-term affordable rental properties. Annual funding of $130 million is available to back these projects. This program is a key part of Queensland's Housing and Homelessness Action Plan, aiming to address the housing crisis through partnerships and investments.
Community Housing (Queensland) Limited (CHQL) has been successfully approved for several projects under the Housing Investment Fund (HIF). Where necessary, HHR will provide management services for the affordable and market rental sectors. Additional information on these projects will be shared as it becomes available.
