Building Better Cities - Affordable Housing
Under the Building Better Cities program Compass has received purpose built properties to manage located in six redevelopment estates in the Newcastle area. Jointly funded by the Federal Government and State Government, this program has been part of an immensely successful renewal of the Honeysuckle precinct and inner Newcastle surrounds as well as providing affordable housing and being a catalyst for market regeneration and growth.
This program is for low to moderate income earning households and is targeted to key workers in the Newcastle area.
To be eligible for BBC Affordable Housing:
- You must be a permanent resident or have Australian citizenship.
- You must have a connection with the area that you are applying for housing in. This could be through work, education, family or long term residency.
- You must have derived at least part of your household income from regular paid employment over the preceding twelve months.
- The Affordable Program is for people who are employed but are on low wages.
- The total household income limits are between $20,000 and $60,000 per annum.
- 70% of that income shall be employment related income.
- Applicants must not own property or assets which could realistically be used to secure affordable, appropriate housing.
- There is no outstanding debt owed to Compass Housing.
How do I apply?
You can obtain an Affordable Housing application form by contacting Newcastle Branch office by telephone, email or in person, or by downloading online from Affordable Housing Application. Completed application forms, together with any support documentation, should be forwarded to Central Administration Office.
Central Administration Office
Suite 1/44 Beaumont Street
PO BOX 967
HAMILTON NSW 2303
P 02 4920 2600 • F 02 4961 5250