Two government-run corporations – Northern Rivers Reconstruction Corporation (NRRC) and Landcom, have agreed upon a Memorandum of Understanding (MOU) which they say will deliver housing across the region.
NRRC described themselves as a ‘development corporation established following the 2022 floods across Lismore and Northern Rivers region of NSW’, while Landcom is the NSW government’s land and property development organisation.
According to their press release, the MOU will support the sustainable growth of the Northern Rivers ‘by providing a range of affordable housing options for low to moderate income households, including for key workers and Aboriginal community members’.
‘It will also enable collaboration with local councils, state and Commonwealth Government agencies, non-government organisations and businesses to improve housing diversity and supply, and infrastructure outcomes in the Northern Rivers’.