Department of Housing Asset Management Strategy

HillPDA was commissioned by the Department of Housing NSW to develop a High Level Asset Strategy for Options Identification and Site Selection.

The aim of the paper was to identify ways that the DOH could be more efficient in its delivery of social housing objectives without compromising its social objectives. The envisioned outcome builds upon the existing PEM by enhancing the current Monetary Cost Benefit Analysis. This complements recent developments in Non-Monetary Cost Benefit Analysis in line with the shortcoming identified by Dr. Fibbs. This requires a shift of thinking from asset numbers to asset value, and the separation of the evaluation process of project optimisation to that of tenant allocation and tenure.