The Australian Charities and Not-for-profits Commission (ACNC) has released an updated Commissioner’s Interpretation Statement on community housing, providing greater clarity on how charity law applies to contemporary housing models and financing arrangements.
The revised guidance covers social and affordable housing, key worker housing, mixed-tenure developments and special purpose vehicle arrangements, as well as poverty, disadvantage, commercial activities and financing structures relevant to community housing providers.
The update will be particularly relevant to charities involved in housing initiatives, partnerships and projects addressing housing affordability and homelessness.