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The SDA HOUSING Podcast
"The SDA HOUSING Podcast" is brought to you by the team at NDIS PROPERTY AUSTRALIA. Whether you are listening as an Investor, Provider, Builder, Developer or Participant, we cover a wide range of topics informative to any audience. We discuss how we work with all stakeholders in sourcing and delivering new dwellings which are SDA compliant, to general information about the NDIS, and statistics about Specialist Disability Accommodation (SDA) in the NDIS sector. We regularly have guest speakers each week from other organisations to talk about their involvement in the SDA sector, and how they contribute to the social impact of SDA, building homes that are fit-for-purpose, while giving NDIS participants the "Choice and Control" over how, where and with whom they live. As we are learning and adapting to an evolving world of SDA in the NDIS sector, we want you, our listeners, to come on the journey with us so that you too can contribute and make a social impact for People With Disabilities (PWDs). If you would like to share your SDA journey with us, we welcome you to contact us to tell your story. Please feel free to call us on 1300 254 397 to talk to one of our friendly staff, or email us - podcast@ndis.property. Otherwise, just pop on over to our website to find out more info on what we do - www.ndispropertyaustralia.com.au
The SDA HOUSING Podcast
EPISODE 293 - Funding Complexities & Housing Challenges
This episode provides a comprehensive overview of the funding complexities of participants, aswell as the housing challenges in sourcing tenants into empty SDA houses, and the strategies to tenant these homes, either from an SDA or SIL perspective. The guest speakers joining Debbie our host, are: Kevin from Paramount Disability Homes, and Katalin from Hand in Hand Support Coordination.
This discussion covers roles and responsibilities, challenges in securing SDA funding, leasing processes, market opportunities, and the importance of collaboration and trust among stakeholders. Additionally, it addresses challenges with SDA funding and approvals, steps for participants in legacy homes, and encouragement for SDA and SIL Providers to invest in purpose-built properties.
Complexities in Securing SDA Funding
- Intellectual and psychosocial disabilities face difficulties in securing SDA funding under the current NDIS framework.
- Creative solutions are necessary, such as sourcing rental properties or working with different setups (e.g SDA and SIL providers being different organizations).
Collaboration and Trust
- Trust is crucial in relationships between support coordinators, property owners, and providers.
- Ensuring that participants are matched with suitable housing that meets their needs and maintains a good relationship with residents and tenants.
Market Opportunities and Challenges
- Many investors in Melbourne have purchased SDA properties and require solutions for occupancy.
- Not all participants receive SDA funding, creating opportunities for investors to engage with support coordinators and providers.
Challenges in Finding Tenants
- Investors often secure a first or anchor participant in a house, but struggle to find a second tenant.
- Running operations with only one participant is not feasible for SIL providers.
- A solution is to allow SIL providers to bring on a sole-funded client or a client funded for SIL but not SDA.
- Discussion on strategies to assist investors with completely empty houses.
- Having a second participant relieves financial stress from SIL providers.
- Long-term relationships between SIL and SDA providers are crucial.
- The Commission may approve short-term one-on-one extensions for up to six months to maintain occupancy.
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NDIS PROPERTY AUSTRALIA:
Our team conducts thorough research on Specialist Disability Accommodation (SDA) and provides appropriate technical advice through premium and strategy-based solutions. We also use complex feasibility calculation spreadsheets to help investors understand the expected annual income of an SDA dwelling, the timeline stages of construction of their property, as well as revealing the hidden costs. By staying up-to-date with the latest SDA data and pricing payments information, we help clients make better-informed decisions and achieve their investment goals.
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