Compass has been awarded a contract through the NSW Government’s Social and Affordable Housing Fund (SAHF), an innovative new approach to the creation of social and affordable housing in NSW. SAHF will deliver an additional 2200 dwellings in its first phase alone.
Compass Housing is seeking developers, investors and builders to help it to deliver the multi-million $ housing project.
Compass will deliver 600 new social and affordable houses across the Hunter and Central Coast over the next three years and will create approximately $200 million worth of construction activity and support hundreds of local jobs. The majority of homes will be one and two bedroom units for social and affordable housing, with a small number of three bedroom units earmarked for development.
- Involvement in the project is an attractive investment because Compass will lease the properties for a period of 23-25 years and handle all tenancy and property management.
- Payment of rent for 52 weeks a year with no vacancies and with an annual CPI based adjustment, is guaranteed!
- When you partner with Compass you are partnering with a well-managed, financially strong award-winning housing provider. Hunter-based Compass has grown to be an international community housing provider managing more than 4,600 properties as well as community development projects in Australia, New Zealand and Vanuatu.