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2020 Affordable Housing
Challenge

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At a glance

GRANT TYPES
There are two types of grants supported by the 2020 Affordable Housing Challenge:

1. Feasibility grant

2. Capital works grant

AMOUNT AVAILABLE
Feasibility grant:
Up to $50,000
Capital works grant:
Up to $500,000
Applicants are encouraged to only apply for the amount required.

OPEN DATE
1 July 2020
CLOSE DATE
20 July 2020
APPLICANTS NOTIFIED
September 2020

 

Applications have now closed.

The Affordable Housing Challenge is an initiative of Lord Mayor’s Charitable Foundation that encourages landowners to build affordable housing on underutilised land close to amenities. 

The Foundation ran the first Challenge in 2017 with local government land partners who could make suitable land available at no cost (by title transfer or 50‑year lease). 

 

2020 Affordable Housing Challenge

Following our first Affordable Housing Challenge, which focused on land owned by local government, the 2020 Affordable Housing Challenge will focus on eligible not‑for‑profits, including faith-based organisations, who wish to use their land holding, including vacant land, strata or redevelopment of existing buildings, to increase the supply of affordable housing in Melbourne.  The Challenge is intended to encourage not-for-profits to utilise their existing land holdings and demonstrate a scalable and replicable solution to providing affordable rental housing.

 

Grant types

There are two grant types supported by the 2020 Affordable Housing Challenge:

Feasibility grant

  • Up to $50,000 grant

Feasibility grants are for eligible landowners to explore how best to utilise land or existing building to develop affordable housing.  

Capital works grant

  • Up to $500,000 grant

Capital works grants are for eligible landowners who have already undertaken feasibility surveys and are committed to building affordable housing on existing land.

Eligibility

The 2020 Affordable Housing Challenge is open to eligible organisations who are not community housing providers.
 
Eligible organisations are:

  • Organisations that own land in Greater Melbourne suitable for residential use and development.

  • Organisations that are endorsed as a Tax Concession Charity (TCC) and as a Deductible Gift Recipient (DGR) as covered by Item 1 of the table in section 30-15 of the Income Tax Assessment Act 1997.

  • Australian charities registered and operating in Victoria.


How to apply

Please read the Affordable Housing Challenge Guidelines  for full details.

Before submitting an EOI, prospective applicants should discuss their application with Erin Dolan, Program Manager - Homeless & Affordable Housing.