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More than 40,000 new homes are expected in NSW following nearly 100 expressions of interest in the state’s new Housing Delivery Authority’s development proposal.
The recently established NSW government’s Housing Delivery Authority (HDA) has received nearly 100 expressions of interest (EOIs) for large-scale housing developments within its first three weeks of operation.
The proposals, which could result in more than 40,000 new homes across NSW, have exceeded initial expectations.
To date, 85 EOIs have been submitted for metropolitan areas, alongside 11 proposals from regional NSW.
The HDA’s proposal process for the state significant development (SSD) and SSD with concurrent rezoning allows projects to bypass council approval, cutting down delays and accelerating housing delivery.
Each EOI will be examined for its capacity to deliver high-yield, well-located and high-quality developments.
Additionally, residential developments valued above $60 million in metropolitan regions and $30 million in regional NSW can now be submitted to the HDA.
Previously, these large-scale proposals were often stalled within council planning systems, exacerbating housing shortages, affordability issues and increasing uncertainty for those building new homes.
NSW Premier Chris Minns praised the HDA’s early success, highlighting the urgent need for reforms to address the state’s housing crisis.
“For far too long, it has been made harder and harder for people to build homes in NSW, so it is wonderful to see these reforms starting to turn that around,” he said.
Paul Scully, Minister for Planning and Public Spaces, said the HDA’s proposals were the first step to unlock more homes through the state.
“We expected 80 to 100 EOIs in the first year, so to see this many in less than a month signals trust from the industry in the Minns government to deliver,” Scully said.
The HDA has expressed commitment to expediting housing approvals while maintaining builders’ accountability.
“This pathway is about seeing good quality projects move through the planning system faster and as part of that process, if we don’t see shovels in the ground in two years, the proponent will lose their approval.”
NSW’s peak body also encouraged more large-scale residential projects to be located near infrastructure, transport and green spaces to address the state’s growing housing demands.
The EOI process remains ongoing, with monthly reviews providing continuous opportunities for new proposals to be considered.
The HDA will begin recommending projects for SSD status in early February, following which community consultation and assessments will proceed.
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