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Canada Mortgage and Housing Corporation (CMHC) (SCHL) is Canada's national housing agency, and state-owned mortgage insurer. It was originally established after World War II, to help returning war veterans find housing, and is a wholly-owned Crown Corporation of the Government of Canada. Since then, it has seen its mandate expand to the mandate of improving access to housing, including owned and rental.
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Affordable housing is housing that is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index. A general rule is no more than 30% of gross monthly income should be spent on housing, to be considered affordable for the challenges of promoting affordable housing varies by location.
Community housing in Australia is not-for-profit affordable housing provided by community housing organisations known as Community Housing Providers (CHPs). These organisations have varying modes of operation and structure, and different types of stock. Any budget surplus in CHPs must be used to maintain existing housing, to provide better services for tenants or to help finance new properties. Although independent, the CHPs are regulated by the state, and commonly receive public funding. Most of their stock is owned by public housing authorities (SHAs) in each State, and the CHPs manage the tenancies using the rent received from tenants.
Judith Nancy Yates was an Australian housing economist. She was a lecturer and associate professor at the University of Sydney from 1971 to 2009. As a social liberal economist, she published over 120 papers in academic journals and government and industry reports on most aspects of Australia's housing sector, most notably on distributional aspects of the tax and finance system, on affordability and the supply of low-rent housing.Throughout her career she was appointed to a number of government advisory committees, and she contributed to many government inquiries.
References
- ↑ Australian Department of Social Services. "National Rental Affordability Scheme".
- 1 2 "'Eye-watering': Map shows big housing issue". The West Australian. 6 October 2021. Retrieved 26 April 2022.
- ↑ NSW Department of Planning & Environment. "Affordable Rental Housing (SEPP)".
- ↑ "House price rises to weather rate hikes: report". The Sydney Morning Herald. 29 January 2010.
- ↑ Australian Department of Social Services (15 May 2015). "National Rental Affordability Scheme".
- ↑ "NRAS Tax Free Incentive Payments for Investors". Affinity Property. Retrieved 8 November 2021.
- 1 2 Australian Attorney Generals Department (2008). "National Rental Affordability Scheme Prospectus" (PDF).
- ↑ "Gillard announces levy to pay for flood damage". 27 January 2011.
- ↑ "NBN tops levy as legislative priority". The Australian. 2 February 2011.
- ↑ "Senate debates, Questions Without Notice". 23 June 2011.