As part of the long-term strategy to redevelop the Ultimo/Pyrmont area, the Sydney Regional Environmental Plan No. 26 City West sets out the planning principles that enabled contributions from the private sector towards affordable housing.
The affordable housing contribution provisions are now covered in the Sydney Local Environmental Plan 2012, which should be read along with:
Revised City West Affordable Housing Program (June 2010) (PDF 232 KB)
Environmental Planning and Assessment Act 1979
State Environmental Planning Policy (SEPP) No. 70 Affordable Housing (revised schemes).
The Ultimo/Pyrmont scheme aims to provide about 600 rental units for very low to moderate-income households as development continues in the area over the next 15 to 20 years.