Affordable housing for more Territorians

27 October 2022

The Territory Labor Government is ensuring more Territorians have access to more affordable and suitable housing right across the Territory.

Another milestone in Government’s Community Housing Growth Strategy has been reached with a Community Housing Provider identified to take on the management of 320 affordable housing dwellings. These properties are head leased from landlords and homeowners and are rented at 70 per cent of the market rate to eligible low and middle income earners.

A competitive tender process was undertaken and Venture Housing was awarded the contract to manage the properties, which are located in Darwin, Palmerston and Coolalinga. 

The transfer of the 320 dwellings under the affordable housing scheme was a key target in the Territory’s Community Housing Growth Strategy. Through the Strategy, the NT Government will transfer more than 2,000 social and affordable housing dwellings by 2025-26.

There are key benefits to having social and affordable housing dwellings managed by community providers including:

• a stronger focus on supporting tenancies with complex needs or experiencing any adverse life event;
• increased access to revenue and finance not available to the Northern Territory Government to enable providers to leverage and grow their portfolios; and
• improved tenancy management through rigorous key performance indicators under the National Regulatory Scheme for Community Housing.

For more information on Governments Community Housing Growth Strategy, click here.

Quotes attributable to Minister for Housing Selena Uibo

“All Territorians deserve access to safe, secure and affordable housing - and this is just one way the Territory Labor Government is strengthening and improving our housing stock right across the Territory.

“We are extremely proud of our effort in meeting our commitments to grow the community housing sector with these types of partnerships.

“Properties will now be managed by Venture Housing who have longstanding experience and expertise in managing affordable housing tenancies across the Northern Territory.”

Quotes attributable to Venture Housing CEO Karen Walsh

“I congratulate the NT Government on its commitment to growing the NT community housing sector through its 10 year Growth Strategy.

“Venture Housing is excited to be delivering housing solutions for more Territorians through the management of these 320 affordable homes. 

“Safe, secure and affordable housing is critical social and economic infrastructure, and essential for residents and businesses to thrive and for a healthy NT economy.”

Media Contact –Leah McLennan - 0499 948 798

Northern Territory Government