In an exciting development, the Housing Registrar has approved Women’s Housing Limited’s (WHL) application to become a Housing Association.
WHL’s CEO, Judy Line says the status change from Housing Provider to Housing Association, which has been 18 months in the making, is significant: ‘Becoming a Housing Association presents a wonderful opportunity for WHL and our clients – present and future.
‘As a Housing Association, WHL will have the capacity and resources to be able to provide more specialist housing for women and children.
‘For women in need, it’s about providing housing security and also a pathway out of disadvantage.’
CHIA Vic’s Chair Haleh Homaei congratulated WHL on the news.
‘It’s a huge achievement for WHL and it’s great to have a specialist women’s housing provider within the pool of Housing Associations.’
The Registrar of Housing Agencies, Bernard Gastin, approved Women’s Housing Limited’s application for a change in category to a Housing Association under the Housing Act 1983, based on its demonstrated capacity to grow at scale through a strong track record of consistent housing growth in the past and a future growth strategy that will continue this trend.
Whilst Registered Housing Providers vary in size, they primarily manage rental housing portfolios for other parties, such as the Director of Housing (DoH). Whilst some own properties, their growth is small scale compared with housing associations.
‘WHL specialises in the provision of affordable housing for women and children and has grown its asset base of $0.3 million in 2008 (with no owned property) to $54 million by 30 June 2019. Tenancy numbers have grown from 108 to 400. This scale is consistent with Tier 1 housing provider status under the National Regulatory System for Community Housing,’ Mr Gastin says.
‘WHL has also established a pipeline of projects, including a new development in Bayswater and partnership with major developers such as Lendlease. These projects will continue to increase the supply of affordable housing by approximately 60 units by 2025-26. The growth is achieved through WHL’s own capital investment as well as leveraging generous developer land contributions and without relying solely on government funding.’
The broader Housing Registrar team also congratulated WHL on achieving this important milestone.
‘We will continue to work closely with WHL to ensure the regulatory requirements of a Housing Association are met.’
WHL joins the other nine Registered Housing Associations in Victoria: Aboriginal Housing Victoria Limited, Common Equity Housing Limited, Community Housing (Vic) Limited, Housing Choices Australia Limited, HousingFirst Limited, Haven; Home, Safe Limited, Beyond Housing Limited, Unison Housing Limited and Wintringham Housing Limited. There are 30 Registered Housing Providers in Victoria.