Are not-for-profit organisations a source of land for affordable housing? – An exploratory study
Sharam, Andrea, McShane, Ian, Bryant, Lyndall, & de Silva, Ashton (2016) Are not-for-profit organisations a source of land for affordable housing? – An exploratory study. In Proceedings from the Pacific Rim Real Estate Society 22nd Annual Conference, PRRES, Sunshine Coast, Qld.
This article canvasses the repurposing of under-utilised assets owned by Not-for-Profit (NFP) organisations for affordable housing provision.
Exploratory interviews were undertaken with five diverse NFP (non-housing) organisations.
The research indicates that NFPs who are not principally engaged in housing provision, but hold surplus or under-utilised land and property assets, may be willing partners in affordable housing provision. However a range of institutional and structural barriers would need to be overcome for housing developments to occur on under-utilised NFP land holdings.
• Research limitations/implications
The small scale of the study limits generalisation from the research findings. However, the findings point to an opportunity for innovation in housing land supply that warrants larger scale research.
• Practical implications
That a source of well-located land is potentially available for future affordable housing provision, but that Not-for-Profit organisations would require resourcing in order to make their land available for this purpose.
• Social implications
Well-located land is a major cost input for the provision of affordable housing, and the repurposing of NFP land or assets for affordable housing could make a significant contribution to the stock of social housing.
There has been no research on how NFP organisations view suggestions to repurpose their land for affordable housing despite at least one Australian jurisdiction actively encouraging this outcome. This paper reports the first Australian study of dispositions and barriers to the re-use NFP land assets.
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|Item Type:||Conference Paper|
|Keywords:||Not for Profit, Affordable housing, Land, Asset management plans, Repurposing assets|
|Subjects:||Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > URBAN AND REGIONAL PLANNING (120500) > Housing Markets Development Management (120503)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > COMMERCIAL SERVICES (150400) > Real Estate and Valuation Services (150403)
|Divisions:||Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
|Copyright Owner:||Copyright 2016 The authors|
|Deposited On:||13 Jul 2016 22:20|
|Last Modified:||18 Jul 2016 22:58|
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