Affordable housing is vital to protect the liveability of our city. It supports the diversity of our community and the productivity of our economy.
We have a shortfall of at least 5,500 affordable rental homes in the City of Melbourne. If we do nothing, this will quadruple to more than 23,000 by 2036.
There is no silver bullet that will solve the affordable housing crisis and we can’t do it alone. To be effective in increasing the supply of well-designed affordable rental housing, we need to work in partnership with state and federal governments, community housing providers, developers, investors and researchers.
The Affordable Housing Strategy 2030 identifies five priorities to address Melbourne's affordable housing crisis:
- Deliver more affordable rental housing on City of Melbourne-owned land.
- Advocate for systemic change and new and ongoing investment for better affordable housing outcomes.
- Facilitate more affordable rental housing through the planning system.
- Partner with governments, industry, peak bodies and the community to increase affordable rental housing.
- Respond to the COVID-19 crisis with affordable rental housing.
The strategy was informed by community consultation, which took place in early 2020. The final strategy was endorsed by Council on 8 December 2020.