What we are doing Affordable housing
We are excited to be working with Evolve Housing who have been appointed to deliver and manage an affordable housing development for key workers in the heart of Newcastle.
Affordable housing is for people on low to moderate incomes such as retail workers, child care and youth workers – the people in our community who provide essential functions and services we all rely on.
The scheme helps these workers achieve their housing goals, be it home ownership or ongoing private rental.
The project involves the building of 30, one, two and three bedroom affordable rental units on the former rail corridor, centrally located between Merewether Street and the former Civic Station, adjacent to Newcastle Museum. Three of the units are proposed for Specialist Disability Accommodation. The development will also include commercial uses to comply with Council controls to activate Merewether Street and the future public open space to the west of the site.
Hunter Development Corporation are providing the land and funding towards the affordable housing development which will be delivered, owned and managed by Evolve Housing, a Tier 1 Community Housing Provider. An ‘Affordable Housing Covenant’ will be applied to the land to ensure that it is retained for affordable rental housing in perpetuity.
It is expected that Evolve Housing will lodge a development application in mid-2018. This will enable development on the units to begin before the end of the year with delivery anticipated around the end of 2019.