Page 5957 - Week 14 - Wednesday, 8 December 2010

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individual titled residential units distributed within two two-storey buildings. The accommodation consists of 16 one-bedroom and eight two-bedroom units.

In May CHC opened its “Grace” development at Forde. Located close to schools and shops, the development consists of 10 one-bedroom and 10 two-bedroom units
distributed within a three-storey building. The development is very innovative and has very significant sustainability.

In November 2010 CHC opened its “Edge” development—and I was very pleased to be associated with that, just in the last week—in Franklin. This $27.4 million development consists of 104 units comprising a mix of single-storey, one and two-bedroom units and double-storey three-bedroom units. The development averages an energy rating of six stars across the 104 units. The purchase price on release started at $279,000 for one bedroom, up to the low $400,000s for three-bedroom, two-storey terraces. Sixty per cent, 62 of the 104 units, were sold below the affordable housing threshold. All units have been sold, including 41 to first home buyers.

MR COE: A supplementary, Mr Speaker.

MR SPEAKER: Yes, Mr Coe.

MR COE: Chief Minister, what impact has the centralised social housing waiting list, whether it be direct or indirect, had on the CHC?

MR STANHOPE: I am not sure that it is reasonable to suggest that it has had any effect on the CHC at this stage, though it is efficient and would have an effect in relation to efficiencies that have been achieved across the board and efficiencies that can be achieved by all of those agencies and all of those organisations within the ACT that are involved in providing public, community or social housing, however described. It certainly has contributed to far more efficient management of housing needs and housing tenants, most particularly prospective housing tenants, across the board in the ACT.

I might just add, and I thank Mr Coe for giving me the opportunity, that CHC’s capacity, exhibited through the level of development, access to NRAS, the capacity for a single management capacity and the access to, I have to say, an innovative, new approach to affordability delivered most particularly here in the ACT, and only in the ACT, through land rent, have also played a significant part in enhancing the capacity of CHC to work with the government and the community to provide affordable and accessible housing for those Canberrans that do struggle to actually meet some of the costs and pressures of homeownership or indeed of housing.

It is interesting, and I am sure members would be interested to know, that CHC has been able to utilise the land rent scheme most effectively and efficiently. I think it now has somewhere in the order of 77 land rent scheme blocks that it is currently delivering or proposes to deliver housing on shortly. Land rent, combined with the NRAS scheme and CHC’s mission, has been particularly useful or successful in—

MS BRESNAN: A supplementary, Mr Speaker.


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