The homes are located across the Hunter and Central Coast to be built over the next three years.
Compass Group Chief Corporate Services Officer Lyndall Robertshaw said the project will create approximately $200M worth of construction activity and support hundreds of local jobs.
Ms Robertshaw said Compass wants to work with local businesses and investors to maximise the benefits of this exciting and highly beneficial project for the region’s business sector, economy and Hunter people. She said Compass has already had significant interest in the project.
Compass was awarded a NSW Government Social and Affordable Housing Fund (SAHF) contract this year. Compass will manage the delivery of the dwellings and provide ongoing property management and tenant support services for up to 25 years.
The majority of the homes will be one and two-bedroom units with a small number of three-bedroom units.
“Compass is a well-managed, financially strong award-winning housing provider and we are keen to hear from developers, investors and builders.” Ms Robertshaw said.
SAHF is the first initiative of its kind for the social housing sector and is a key component of the Future Directions for Social Housing in NSW strategy to provide more social and affordable housing dwellings linked to tailored support, to help households gain independence.
To register an interest in becoming involved, contact Compass’ group chief corporate services officer Lyndall Robertshaw on 4920 2600 or email developments@compasshousing.org
