Equity Co-op Housing Taskforce announced

24 February 2014

The BCCM held a National Housing Affordability Roundtable sponsored by Common Equity Housing Ltd (CEHL) and bankmecu to discuss and promote alternative housing tenure models to reduce the costs of entry to the housing market.

The Roundtable brought together a range of people with expertise in developing housing to identify and refine models of housing development and the necessary legal and financial frameworks that will significantly reduce the cost of entry into secure housing. A taskforce formed at the meeting will investigate the issues raised at the roundtable and propose a blueprint for action in refining the suggested model.

Stephen Nash, Managing Director of Common Equity Housing Limited, co-host of the roundtable with the BCCM said: “We are keen to work with a taskforce of key business leaders and housing experts to create an equity co-op housing development. This will turn the housing dreams of many, into a reality.”

The Equity Housing Taskforce comprises of the following members:

• Louise Crabtree, Research Fellow, University of Western Sydney
• Steven Lynch, Community Banking Manager, bankmecu
• Peter Mason, Principal, MK Lawyers
• John McInerney, Common Equity Housing Ltd (CEHL)
• Melina Morrison, Chief Executive Officer, Business Council of Co-operatives and Mutuals
• Stephen Nash, Managing Director, Common Equity Housing Ltd (CEHL)
• Andrea Sharam, Research Fellow, Swinburne University

Those interested in the taskforce activities can inquire further at [email protected].

Read ProBono Australia article, Affordable Housing Plan Unveiled, Feb 25

Read the BCCM media release, Housing affordability break through at national roundtable, 25 Feb

Read the executive briefing -Breaking Through the Affordability Ceiling.