Published in: AHURI
Cited as: Sharam, A., Moran, M., Mason, C. Stone, W. and Findlay, S. (2017) Understanding opportunities for social impact investment in the development of affordable housing, AHURI Final Report No. 294, Australian Housing and Urban Research Institute Limited, Melbourne, http://www.ahuri.edu.au/research/final-reports/294, doi: 10.18408/ ahuri-5310202.
Affordability, affordable, community housing, development, home purchase, housing finance, innovative financing, not-for-profit, social impact, social impact investing.
Since the early 2010s, SII has been considered in a range of Australian Government policy inquiries. These include: financing the not-for-profit (NFP) sector (Productivity Commission 2010), the Australian financial system (The Treasury 2014), the Australian welfare system (Department of Social Services 2015), and housing affordability (Council on Federal Financial Relations 2016a). In January 2017, the Australian Government also released its Social Impact Investing Discussion Paper (Australian Government 2017).
The Australian Government’s Social Impact Investing Discussion Paper (2017) explores its potential role in the development of the SII market. It proposes that governments create an enabling environment and fund investments, which deliver better outcomes and avoid future costs or generate savings. The paper recognises the government’s roles as both regulator and funder and the SII developments by state governments as reflecting their responsibilities for service delivery.