Evolve Housing Annual Report 2020–2021

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EVO LVE H O U S I N G A N N UA L R E P O RT 2 0 2 0 – 2 0 2 1

TYPE S OF H O U S IN G WE PROVID E

As at 30 June 2021, Evolve Housing managed 4,270 properties across our portfolio, housing 9,981 residents. Our properties cater to a range of needs, which are outlined below.

SOCIAL HOUSING

As at 30 June 2021 Evolve Housing managed 1,576

Social housing is secure, subsidised housing for people

affordable housing properties, which is approximately

on low-to-very-low incomes who need accommodation.

37% of our portfolio.

Social housing can be provided by the Land and Housing Corporation, the Department of Communities

DISABILITY HOUSING

and Justice, or non-government community housing

Evolve Housing is a registered Specialist Disability

providers like Evolve Housing. Rental rates are calculated

Accommodation

on a sliding scale, however most social housing residents

Disability Insurance Scheme. We offer customised,

will pay around 25% of their income.

accessible housing to people living with disability

provider

under

the

National

so that residents can maintain their independence in As at 30 June 2021, Evolve Housing managed 2,694

their everyday life.

social housing properties, which is approximately 63% of Evolve Housing’s property portfolio.

We work closely with other registered Supported Independent Living providers to provide high-

AFFORDABLE HOUSING

quality homes for our residents. As at 30 June

Affordable housing is for low-to-moderate income

2021, we managed 95 group homes as Specialist

households and is priced so that residents are able

Disability Accommodation providing much needed

to meet their other basic living costs such as food,

accommodation for 350 residents.

clothing, transport, medical care and education.

SUPPORTED HOUSING

26

Affordable housing residents pay a percentage

The Supported Housing Initiative is a three-way

of market rent, which is usually 74.9% if the property

partnership between Evolve Housing, support providers

is owned by Evolve Housing or 80% if the property

and the clients of support providers, offering housing

is managed by Evolve Housing on behalf of an

for residents on a short to medium-term basis while

investor-owner.

other partners provide complementary services.


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Evolve Housing Annual Report 2020–2021 by Evolve Housing - Issuu