Northern Territory

EOI process set to deliver hundreds of affordable homes in NT

NORTHERN Territory Housing Minister David Tollner will this week call for Expressions of Interest from the private sector for the construction of hundreds of affordable homes across the Northern Territory.

The announcement is part of the government's commitment to increase affordable housing options for key workers in the Northern Territory, such as teachers, nurses, health workers and hospitality staff, and to bridge the gap between public and private housing.

As part of the 'Real Housing for Growth' scheme, the government will contribute $9 million a year and partner with private developers to build 2,000 affordable homes over the next four years

The government will hold a 10-year head lease over the new dwellings, which will be rented to the key skilled workers and young families at 70 per cent of market rent. Eligible tenants will be required to apply for the properties and will be selected based on their merit and tenancy history.

Under the scheme, dwellings can be built on privately owned land or sites currently owned by the government, including sites in Palmerston, Katherine, Tennant Creek and Alice Springs.

The dwellings will be required to meet specific requirements, including that the land is suitably zoned, has adequate servicing, parking, access, local amenity and links to public transport, shops, schools and employment. Dwellings must also not exceed a market value of $550,000.

"At present, estimated population growth indicates that about 1700 homes need to be built in the Territory each year, but currently only 1200 homes are being built," Mr Tollner said, adding that the program's target of 500 affordable dwellings per year will help to address the shortfall.

The Expressions of Interest process for the Real Housing for Growth scheme opens on February 27. An assessment team will be formed to assess all proposals against the selection criteria outlined the EOI document, with an independent probity adviser to oversee the assessment process.

More information is available from the Department of Housing website at <>.

Subscribe to our Weekly Newsletter

Newsletter Subscription - Banner

Urbanalyst Banner