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New report calls for greater funding certainty to address housing crisis

A new report by one of Australia’s largest community housing providers has called for greater funding certainty from all sides of politics, to turn the housing crisis around.

Link Wentworth CEO, Andrew McAnulty, released the Building Brighter Futures Report at a special event at NSW Parliament House (27 November 2024) to mark the organisation’s 40th year providing homes and support to tenants.

The report praises the scale and ambition of the Housing Australia Future Fund (HAFF) to support the not-for-profit sector in creating more social and affordable homes but stresses the importance of long-term bi-partisan funding and housing policy from successive Federal Governments.

“We must treat social and affordable housing as infrastructure and not a political football,” Mr McAnulty said.

“The HAFF is such an important funding lever. We must have funding certainty for 2025 and beyond. It’s taken us a long time to get into the current housing crisis – and it will require a lot of time, focus, partnership and resources to get out of it.

“Through our four decades of service, we have demonstrated not just our capability but our capacity to help people access safe, secure, and affordable housing and the much-needed support to maintain a long-term tenancy,” Mr McAnulty said.

“With smart investment from successive governments, through initiatives like the HAFF, and partnering with not-for-profits like Link Wentworth that provide affordable homes and connect residents to essential services, we can build a brighter future for people who need it most.”

Mr McAnulty called for a layered investment approach and long-term housing policy, which does not stop and start with each election cycle.

“Funding and partnering with not-for-profits unlocks a scalable, efficient, and cost-effective way for organisations like Link Wentworth to work with Federal and State Governments and the private sector to provide homes in perpetuity,” he said.

“We applaud the $6.6 billion record investment that the NSW State Government has already made to tackle the housing crisis.”

New South Wales Housing Minister Rose Jackson said: “For over 40 years, Link Wentworth has put the community in community housing provider, and we know how important that tenant experience is to the team at Link Wentworth.”

“From the NSW Government’s perspective, we’re committed to doing our part to make sure that the housing needs for the community are met, and we know that we can rely on Link Wentworth to be one of those really valued community housing partners working with us on that journey to deliver more homes that are so desperately needed.”

Link Wentworth provides 10,000 residents with safe, secure, and affordable housing across 6,400 properties.

 More than 61,563 households have been identified as being in need of housing in NSW according to figures – a 6.9 per cent increase since 2022. Only of rentals in NSW are affordable for a single person on JobSeeker or the Age Pension. ǿƵs are scarce, with a September 2024 vacancy rate of across Sydney.

A copy of the report can be found here.

Media enquiries

Eva Gerencer, Chief Communications Officer

eva.gerencer@linkwentworth.org.au

0427 926 588