Public Private Partnerships – FACT SHEET – December 2004

RENEWAL THROUGH PARTNERSHIP
Working in partnership to create sustainable
communities

New initiatives in partnership

The Department of Housing is looking
to structure Public Private Partnerships (PPPs) with the private sector. Under
these projects the private sector will be encouraged to invest in social housing
infrastructure.

A housing PPP involves a contract
between the private sector and the Government.

Typically, the private sector would
take on all or most of the risks associated with long term management
responsibilities, rather than acting solely as a lender. These risks would
include financing, construction, facilities management and risk associated with
movements in property values.

PPPs have the potential to
significantly enhance value-for-money to Government through private sector
innovation and risk management.

The Department is examining projects
that have the potential to generate turnover in the order of $200 million
within the development, construction, refurbishment and maintenance related
industries.

In all projects of this kind, the
Government is committed to ensuring:

  • no overall reduction in social housing stock
  • an increase in affordable housing
  • value for money
  • a greater diversity in community outcomes
  • tenants’ access, rights and responsibilities are
    protected.

Working in partnership to create
sustainable communities

The Department of Housing is looking
to expand its partnering opportunities with the private sector, local councils
and nongovernment organisations on major projects.

Through these initiatives we will
aim to:

  • revitalise and build more sustainable communities
  • provide better social and additional affordable
    housing
  • replace inappropriate social housing stock
  • reduce high concentrations of public housing to
    build a better social mix
  • reduce maintenance liabilities
  • implement best practice in urban design.

In these initiatives, our partners
will be encouraged to invest in private and social housing infrastructure,
thereby assisting the Department of Housing in redeveloping and regenerating
its housing, as well as creating new stock.

The NSW Government recognises the
skills of the private sector in raising capital and in the timely and cost
effective delivery of infrastructure. The Department of Housing seeks to
leverage these skills by providing opportunities for the private sector to
benefit from a range of partnerships.

Cooperation between the private
sector and the NSW Government can lead to:

  • the joint delivery and asset management of
    social and private housing
  • creation of a number of replicable models for
    private sector participation
  • acceleration of the refurbishment and upgrading
    of Department of Housing stock to reflect 21st century standards.

Where to from here?

The Department is working within the
framework of the NSW Government’s Guidelines for Public Private Projects, available
from the Working with Government website (www.treasury.nsw.gov.au/wwg/ ).

The State Government has announced
its first social housing PPP, the Bonnyrigg Living Communities Project, a plan
for community renewal of the Bonnyrigg public housing estate. This renewal
project will involve the Department working with other agencies to improve
community services such as health, education, employment and training. The
Department will work to build a stronger local community. It will also involve changes
in the layout of the streets,improved open space, the replacement
or upgrading of Department of Housing homes and the building of new houses and
flats.

For more information

More information about the Bonnyrigg
Living Communities Project, including a document giving answers to Frequently Asked
Questions, is available from:

• the Department’s Bonnyrigg Office
on 9822 3999

• the 24 hour housing telephone
hotline on 1800 629 212

• the Department’s website,  www.housing.nsw.gov.au .

Interpreter Services

If you have difficulty understanding
English, contact the Translating and Interpreting Service (TIS) on 131 450. The
Translating and Interpreting Service will telephone the Department of Housing
for you at no cost.

Media inquiries:

Department of Housing Media Unit 02
8753 8202

 www.housing.nsw.gov.au

Information correct as of December
2004

It is illegal for an officer of the Department
to ask for money or favours or other benefits of any kind in exchange for
helping you with your housing needs.

It is also illegal for you or anyone
else to offer money or favours or other benefits of any kind to an officer of
the Department in exchange for helping you.

If you have any information regarding
this, please contact the Department of Housing’s Business Assurance Unit on 1800
806 206
. The Department may refuse the provision of further housing
services to anyone who has engaged or sought to engage in corrupt or illegal
conduct .

The original 167KB PDF can be downloaded from the Department of Housing at
http://www.housing.nsw.gov.au/redevelopments/PPP fact sheet B_1.pdf