Business Overview
Ryde Hunters Hill Community Housing Co-operative Ltd (RHHCH) is a community based, nonprofit housing provider. As a community housing provider, the organisation’s key benefit is to provide secure and affordable accommodation to people on low incomes or with special needs.
We aim to continually grow the co-operative, in order to prevent and redress the further loss in the community of accommodation for low income earners due to escalation in accommodation costs which cause dispossession and displacement of these people.
To achieve this we provide two groups of services. These are:
- Management services to our current tenants or those on our waiting list to provide secure affordable housing across the properties we currently manage.
- Growth services to seek and acquire by lease, ownership or other agreement increases in housing each year to bring back into our community housing to accommodate people in need of such assistance.
Our business plan describes the strategies, risks, asset maintenance and financial management planning we undertake to build on our past growth and take us forward as a sound, ethical and well governed organisation.
This growth will be achieved by maintaining a strong reputation for sustainability, governance and quality of tenant services allowing us to build on this performance to increase our management agreements with other bodies, trialling shared equity arrangements with lenders and increasing partnering with similar nonprofit, government or commercial organisations.
The table below lists the housing programs and corresponding property numbers managed by the co-operative as at December 2008.
| Program Name, Type and Client Group |
No |
% |
| Capital – Head leased from CHD. (General or clients aged over 55 or with disability). |
70 |
38.3% |
| Stock Transfer incl. Supported Housing Innovations Project (SHIP). Head leased from CHD. (Intellectual disabilities). |
10 |
5.5% |
| Capital – Lak Sevana. Head leased from CHD. (Special purpose). |
13 |
7.1% |
| Leasehold. Rented from real estate agents/owners or Housing NSW. (General). |
73 |
39.9% |
| Housing and Accommodation Support Initiative (HASI). Capital & Leasehold properties. (Clients exiting hospital with mental health issues). |
8 |
4.4% |
| Home Purchase Assistance (HPA). Owned by NSW Land & Housing Corp. Managed by RHHCH. (General) |
5 |
2.7% |
| Housing NSW Short-Term-Lease. Owned by NSW Land & Housing Corp. Managed by RHHCH. (General). |
4 |
2.2% |
| Total |
183 |
100% |
CHD = Community Housing Division; HASI = Housing and Accommodation Support Initiative; SHIP = Supported Housing Innovation Project
Market
Our service is aimed at providing homes for tenants in the seven Local Government areas of Auburn, Baulkham Hills, Hornsby, Hunters Hill, Parramatta, Ryde and Willoughby. We originated in Ryde, and as we have grown we have expanded to accept opportunities in these neighbouring areas. Their proximity allows us to continue to cost effectively manage housing and assist tenants within a reasonable travel from our office at Ryde.
Unfortunately the number of people needing our assistance grows each year due to the progressive loss in the community of accommodation for low income earners due to escalation in accommodation costs which cause dispossession and displacement of these people.
Governance Information
Please click on the following links to view information on our Governance, Partnerships, the Environment or to view our Publications, Policies or Forms
