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.

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• Purpose

This article canvasses the repurposing of under-utilised assets owned by Not-for-Profit (NFP) organisations for affordable housing provision.

• Design/methodology/approach

Exploratory interviews were undertaken with five diverse NFP (non-housing) organisations.

• Findings

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.

• Originality/value

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.

Impact and interest:

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ID Code: 96912
Item Type: Conference Paper
Refereed: Yes
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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