Australia: AHURI publishes new report:Understanding opportunities for social impact investment in the development of affordable housing
AHURI Final Report No. 294:
Understanding opportunities for social impact investment in the development of affordable housing
Andrea Sharam, RMIT University;
Michael Moran; Chris Mason; Wendy Stone; Suzanne Findlay, Swinburne University of Technology
What this research is about
This research is the first to examine the opportunities for, barriers to, and risks to social impact investment (SII) for social and affordable housing in Australia. SIIs aim to achieve a specific beneficial social objective together with a financial return, and measure the achievement of both. This research examined SII in social and affordable housing in Australia. It considered US and UK models, together with interviews with government experts, social impact investors and not-for-profit housing providers, to inform the analysis. In Australia, the funding gap between tenants’ capacity to pay and the cost of providing housing is the most significant barrier to SII.