The NSW Government has announced the designation of 11 housing proposals as State Significant Developments (SSD), aiming to create 6,400 new homes in well-located areas. This move follows recommendations from the newly established Housing Delivery Authority (HDA), which seeks to streamline planning processes and reduce delays.

Key Points:

• The HDA received over 160 expressions of interest for housing projects since mid-January.
• The HDA prioritised proposals for high-quality housing, affordable options, and projects that can start construction within a year.
• The proposals are part of a broader strategy to improve housing availability, with a focus on areas close to transport hubs and essential services.
• Notable government initiatives include:
  • $200 million in incentives for councils meeting new planning expectations.
  • $450 million for apartments for essential workers like nurses and teachers.

What This Means for Builders:

• More projects are being fast-tracked, offering new opportunities in the housing sector.
• Clear guidance will be provided for applicants, ensuring streamlined development processes.

Premier Chris Minns emphasised the importance of cutting red tape to meet the growing demand for housing.

^{Read Ministerial media release about this here.}