A different approach is required to meet the growing affordable housing problem. The not-for-profit sector can be an effective mechanism for increasing the supply and diversity of delivery of housing for low income groups. Integrating social housing delivery within a co-operative housing programme is the best of both worlds.
CEHL: Co-operative Housing Programme
Common Equity Housing Limited (CEHL) is a community housing provider owned by 114 independent housing co-operatives in Victoria. From its early days in 1987, CEHL now owns over 2,200 properties, with a current value in excess of $700 million, the largest stock of social housing of all community housing providers in Victoria. CEHL provides housing for more than 5,000 low income Victorians. Read their story.