Key2 Realty Achieves Community Housing Provider Registration
Key2 Realty has proudly announced its registration as a Tier 3 Community Housing Provider (CHP) with the National Regulatory System for Community Housing. This accreditation marks a significant advancement in the agency's mission to broaden its impact and service offerings in the affordable housing sector.
As a wholly-owned subsidiary of Pacific Link Housing, Key2 Realty not only manages residential investment properties for landlords in the open private rental market but also ensures that a proportion of profits are directed towards tenant support programs. These initiatives provide life-changing opportunities for those in need, aligning residential landlords with ethical investment opportunities that extend beyond mere financial returns.
The status of a registered CHP enables Key2 Realty to manage genuinely affordable housing tenancies, addressing the pressing needs of key workers, families on fixed incomes, and others requiring housing assistance. This is in strict adherence to the NSW Affordable Housing Ministerial Guidelines, which ensures that housing costs do not exceed 30% of a household's gross income, thus allowing tenants to afford other essential living expenses.
Cassandra Andrews, Licensee in Charge at Key2 Realty, emphasised the importance of this achievement.
"Achieving registration as a Community Housing Provider not only improves our ability to serve the community but also strengthens our role as a trusted partner in the housing sector.
As the only social enterprise real estate agency operating on the Central Coast that is also a registered CHP, we are ideally positioned to collaborate with developers looking to incorporate affordable housing in their projects, providing an end-to-end property management solution across all rental types.”
This new status propels Key2 Realty to the forefront of the Australian build-to-rent market, which is currently expanding due to various government incentives. With enhanced credibility, Key2 Realty is better equipped to work alongside residential developers to navigate the complexities of affordable housing projects and ensure successful community-focused outcomes.
As a registered CHP, Key2 Realty is committed to maintaining the highest standards set by the NRSCH, ensuring that affordable housing remains accessible and beneficial to the individuals and families who need it most.