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18 April 2015 Posted by 

REGIONAL GROWTH

Holroyd meets annual housing targets

HOLROYD City Council has exceeded its annual housing approval targets.

Holroyd City Mayor Greg Cummings said he was proud Holroyd was one of just 11 Sydney councils to achieve their targets between 2005 and 2014, and that over the next 10 years Holroyd will be among only five to record a housing surplus.

"At a time when Holroyd faces the risk of being merged with Auburn, Parramatta and parts of Ryde and The Hills Councils, we continue to show how we are working hard to meet the Government's strategic housing target approvals and help address the shortage of housing stock throughout Sydney," Mayor Cummings said..

"The State Government wants councils to prove they are financially fit for the future, and Holroyd has proven that it is viable now and into the future.

"We are meeting the needs of our community, as well as key State objectives, and believe we can continue to do so without being forced to amalgamate with neighbouring councils.

"Holroyd has introduced a new medium density zoning policy which will allow for an additional 2,600 dwellings to be built throughout the City.

"As a result, Holroyd will attract 47,000 residents, stimulating the local economy through new developments and the flow-on benefits across the local economy market."

"This further supports Holroyd's Local Environmental Plan (LEP) which will see the City provide the community with 18,000 new dwellings over the 20 years, within 7 centres at major transport nodes.”

Mayor Cummings said Holroyd was experiencing a development boom – with projects valued at an estimated $1 billion planned for the City in this financial year, a 250% increase in the overall value of development applications (DAs) received by Council.

"The Government has asked councils to show they are financially fit for the future and Holroyd continues to prove its viability through ongoing Section 94 Contributions from an estimated $1 billion in new developments planned for the City and last year’s special rate variation."



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Michael Walls
michael@accessnews.com.au
0407 783 413

Western Sydney Business Access (WSBA) covers the business and community issues of the Greater Western Sydney region of Australia. WSBA is the popular media source for connecting with the pulse of the region and tapping into it's vast opportunities and networks.