Housing Delivery Authority Established

The Housing Delivery Authority (HDA) has officially been established.

Starting on 8 January 2025, Applicants can submit an expression of interest (EOI) to the HDA addressing criteria for major residential developments. The EOI process will be open throughout the Housing Accord period to June 2029 and EOIs will be reviewed monthly. The pathway will be available for new major residential developments above an estimated development cost of about $60 million in Greater Sydney and about $30 million elsewhere.

Before the HDA recommends a proposal be declared SSD, the Department will evaluate it against key criteria, such as:
· Identify high-yield housing proposals by focusing on known high-yield types of residential accommodation.
· Identify housing projects that can be assessed and constructed quickly by focusing on more compliant, major residential proposals that can commence construction quickly.
· Drive quality and affordable housing by focusing on housing development proposals that are well-located, have enabling infrastructure and contribute to affordable housing supply.
· Complement the State Significant Rezoning Policy by providing a potential pathway for major residential proposals that are seeking concurrent rezoning (spot rezoning).

Once the HDA recommends a proposal proceed as SSD, major residential development applications will be eligible to be lodged through one of the following pathways:
· SSD major residential.
· SSD with a concurrent rezoning.

Further details are available on DPHI’s website via the following link:
https://lnkd.in/grjMusBF

If you have any questions or want to discuss how these changes may impact your site/s, please contact our NSW Mecone teams at info@mecone.com.au and we would be happy to assist.