Corrs advised SGCH on its successful A$150 million bid for Phase 2 of the NSW Government’s Social Affordable Housing Fund. The SGCH scheme will deliver 260 homes in the Sydney suburbs of Alexandria, Bondi Junction, Newtown, Petersham, Riverwood and Liverpool by the end of 2022. Corrs advised on all aspects of the SGCH Phase 2 bid. In relation to property, Corrs advised on the structure for securing the seed properties having regard to the detailed bid requirements of the State, the funding model and the leasehold tenure arrangements put in place between SGCH and the landowner of the properties.
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