The criteria for the NSW Government's Housing Delivery Authority includes seniors housing specifically as a priority on its delivery.
The Housing Delivery Authority (HDA) will lead a new streamlined State Significant Development (SSD) pathway and SSD with a concurrent rezoning process.
Starting from 8 January 2025, applicants can submit an expression of interest to the HDA addressing criteria for major residential developments. These include projects valued at over approximately $60 million in Greater Sydney (on average 100 or more homes) and $30 million (on average 40 or more homes) in regional NSW.
Once the HDA recommends a proposal proceed as SSD, major residential development applications will be eligible to be lodged through one of the following pathways:
- SSD major residential
- SSD with a concurrent rezoning.
Daniel West, Director, Planning at consultancy firm Ethos Urban, said it was "finally some positive planning news for the retirement industry".
"Objective 1 (Identify high-yield housing proposals by focusing on known high-yield types of residential accommodation) calls out seniors housing specifically as a known high-yield type of residential accommodation, placing a priority on its delivery by the HDA," he noted.
