“In support of the need for affordable housing, Council have waived the tipping costs and have accepted those costs as part of their contribution to the develop- ment,” Housing Plus CEO Karen Andrew said.
The fee was incurred after Housing Plus had to remove over 700 tonnes of asbestos contaminated soil from the site.
Council will also make a recommenda- tion at the ordinary meeting on August 7, that $100,000 be allocated from the
Community Tenancy Scheme and grant- ed to Housing Plus for the George Street development.
“Housing Plus and Council have agreed to work in partnership to deliver this much needed affordable housing project and to further the partnership through the development of new and innovative housing solutions in line with the Mid-Western Regional Council’s Affordable Housing Strategy,” Ms Andrew said.
The Community Tenancy Scheme has been in place for five years and funds from the scheme are most commonly used to make continuous upgrades to community housing projects in the region.
The development will include ten one- bedroom units and ten two-bedroom
units that will house families in need of accommodation in the local area.
Housing Plus has been managing sim- ilar community housing projects on Denison Street, Mudgee and Walter Street, Gulgong for the past several years and is looking to expand the number of houses available in the local region.
The George Street development is part of the National Rental Affordability Scheme (NRAS) and is designed to help stimulate the supply of new affordable rental dwellings across the Mid-Western Region. Once completed, units at the George Street complex will be rented to eligible applicants at a rate at least 20 per cent below the current market rate.
The George Street affordable housing development is expected to be finished in the second half of 2014.