❓ Dr. Constable questions how the Gallop Government will ensure the long-term affordability of housing developed by the Department of Housing and Works when owners sell. The government responds by outlining its use of the National Housing Strategy definition and strategies like shared-equity schemes and caveats on titles to maintain affordability.
AnsweredQoN 26Legislative Assembly
QuestionView source ↗
(b) how will the Gallop Government ensure that ‘affordable housing’ developed by the Department of Housing and Works remains affordable if an owner wishes to sell the property after initial purchase?
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs". (b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs". (b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs". (b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs". (b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
AnswerView source ↗
Answered
21 June 2005
Responded by
Minister for Housing and Works
Response time
56 days
I am advised:
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs".
(b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
(a) Along with other States, the Western Australian Government uses the definition established within the 1992 National Housing Strategy (NHS). The NHS definition is "housing that is available to the lowest two income quintiles (bottom 40% of income distribution) without having to pay more than 30% of household income to meet housing costs".
(b) Housing developed by the Department of Housing and Works is primarily for rental purposes however the Department is developing affordable shared-equity homeownership through Keystart and is working with the Subiaco Redevelopment Authority on keeping privately owned housing affordable in perpetuity. A Caveat will be placed on the title and on the strata management scheme so that when the properties are sold they can only be purchased by people who meet the income eligibility criteria at the time of purchase.
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