Section 173 Agreement Affordable Housing

Housing companies do not want housing that is not useful and does not meet the needs of their users. The questions that the planning policy must address are: “Will the built form be affordable, appropriate and allocated?” The problem cannot be solved solely by politics. The level of affordable housing need does not automatically translate into a percentage of housing that could be achieved through the planning concept or planning negotiation. It is clear that there must be a comprehensive government strategy in which the country, funding, funding and planning must be part of the solution. The state government recently fired the first shot to create a cohesive political direction. The Victorian government has attempted to clarify the rules through a voluntary mechanism for large public-private partnerships. The MAC consulted with many key players, including the development and real estate industries, as well as local and public ministries and others, before providing advice to the Minister of Planning in December 2019. The MAC proposed a revision of the current voluntary framework for affordable housing and a step towards a more coherent and coherent approach to the development of affordable housing. 3. A competent authority may enter into an agreement under subsection 1 or 1A with a person who considers that person to own the land. (4) If, in this department, an agreement with a buyer in anticipation of the buyer`s owner is covered by the Registrar of Titles, it does not engage the seller unless the seller assumes the rights and obligations of the buyer under the contract. Councils are increasingly working to promote or even need affordable housing in new developments (City of Melbourne West Structure Plan and Fishermans Bend discretionary requirements, and Glen Eira`s Carnegie, Elsternwick and Bentleigh Structure Plans). For more information and resources for Section 173 agreements, visit the Resources for Affordable Housing Implementation page.

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