Legislative Assembly for the ACT: 2018 Week 07 Hansard (Wednesday, 1 August 2018) . . Page.. 2481 ..
yesterday’s Canberra Times, that the successful provider of this service may be announced in coming weeks. If that is supported, it will serve as an adjunct to some of the more wideranging and structural changes that I very much hope we will see in the forthcoming affordable housing strategy. Given that many of these, especially if they relate to land release and rezoning, are likely to bear fruit in the medium term, more modest measures such as this one have the potential to get some runs on the board relatively quickly and make a real and immediate difference to people who are struggling to pay rent in the ACT.
MS BERRY (Ginninderra—Deputy Chief Minister, Minister for Education and Early Childhood Development, Minister for Housing and Suburban Development, Minister for the Prevention of Domestic and Family Violence, Minister for Women and Minister for Sport and Recreation) (10.35): I thank Ms Le Couteur for bringing this motion forward today. Madam Speaker, I have circulated an amendment to Ms Le Couteur’s motion.
MADAM SPEAKER: You need to move the amendment.
MS BERRY: I move:
Omit all text after paragraph (2)(e), substitute:
“(f) the Government has been considering in excess of 100 suggestions for policy initiatives received through its housing summit and extensive consultation, summarised in the ‘What We Heard’ engagement report, including proposals for tax incentives to increase the supply of affordable housing;
(g) through the Parliamentary Agreement, the Government committed to establishing an affordable rental real estate initiative, based on HomeGround, through which investors can offer rental properties at below market rent to low income tenants; and
(h) the Government has established a $1 million Affordable Housing Innovation Fund to facilitate the affordable rental real estate initiative and other options to improve access to affordable housing; and
(3) calls on the ACT Government to:
(a) announce the outcomes of the recent expression of interest process which sought a provider/s for the affordable rental real estate initiative as soon as possible once the process is complete; and
(b) investigate incentives to build on this initiative and further support affordable rental housing supply, including:
(i) land tax concessions for residential property investors who rent their property to low and moderate income households at a discount to market rent through a not-for-profit community housing provider which is regulated under the National Regulatory System for Community Housing; and
(ii) rent guarantees for property investors who rent their dwellings through a not-for-profit community housing provider which is regulated under the National Regulatory System for Community Housing;