Harry Breidahl

Partnership with NHFIC and BlueCHP to Fund Disability Housing

August 12, 2022

We are excited to formally announce our SDA partnership, BlueCHP Housing, in conjunction with the National Housing Finance and Investment Corporation (NHFIC) and community housing provider BlueCHP. For Purpose (through our Social Impact Fund I) and NHFIC have each committed $20m in funds to the partnership which will go towards building Specialist Disability Accommodation.

The first stage of the project is expected to comprise a minimum of 11 homes to accommodate 17 SDA-eligible residents across development sites in Boolaroo, Ryde, Rydalmere and Lane Cove in NSW. BlueCHP will develop the homes and maintain the facilities on a long-term basis. BlueCHP’s unique 7 Step ‘Guide You Home’ process works with families and carers to ensure the homes are designed and fitted out with features that will enable residents to live more independently and that will assist with the delivery of support for residents with extreme functional impairment or very high support needs. There will also be onsite overnight assistance for all residents.

The second property built under this partnership and the first developed with tenant input through the unique 'Guide You Home' process, is a two bedroom home in Rydalmere which was officially opened by Federal Minister for Housing, Homelessness & Small Business Julie Collins on 5 December 2022, with representatives of each of the partners in attendance. The property is designed to suit the needs of the two young men, who will be calling the property home for the long term. The house is built to the Robust standard of SDA, which is for NDIS participants who have acute behavioural challenges. This follows the first property built in Boolaroo, Lake Macquarie which was completed and tenanted earlier this year.

For Purpose Investment Partners Executive Director Tim Shaw said: “This is an important step for FPIP and in growing our portfolio in housing and social infrastructure. We are proud to be working with SDA specialist BlueCHP and with NHFIC, whose support and ability to provide senior debt is a crucial consideration for us.”

BlueCHP CEO Charles Northcote said: “This is an important step in the provision of disability housing. SDA housing requires long-term investment partners, and we welcome the continued support of NHFIC. BlueCHP has been Australia’s leading developer of SDA housing over the past four years and is seeking to provide 1,250 disability places over the next 5 to 7years.”

NHFIC CEO Nathan Dal Bon said: “We are pleased to support new specialist disability accommodation in our first SDA partnership with BlueCHP. Collaborating with value-aligned social impact financiers like For Purpose Investment Partners enables us to deliver more housing for Australians with specialist needs.”

You can read more at the link here.

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Construction of the houses has begun and is expected to be completed by early 2024, which will provide disability accommodation in an area of high need, with easy access to public transport, and with shopping precincts and healthcare facilities located close by.

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SDG Chief Commercial Officer Jai Sharma commented “we are delighted that the FPIP team were able to move quickly to fund this development. Working with a values-aligned partner was key in overcoming the complexities of the transaction.”

ACGC CEO Ross Jones added “we think the Anglican Church’s Sydney Diocese has an important offering in the SDA sector where much of the supply of housing stock has occurred on the metropolitan urban fringes because of the high cost of land.  We have land right across the Diocese, enabling us to provide SDA in areas relatively close to family support.  We have more of these and other social infrastructure projects planned for integration on church land. We look forward to further partnerships with FPIP on those.”

Casa Capace is the SDA Provider, and will source the eight tenants for their state of the art designed homes. Fighting Chance are the supported independent living (SIL) provider for the development.




About Sustainable Development Group

Sustainable Development Group is a mission-driven not-for-profit real estate development and advisory organisation, established to redevelop the excess land of faith-based organisations.

SDG catalyse and bring together aligned consortiums of landowners, commercial investors/funders and long-term tenants to activate sites and drive outcomes that are sustainable for the long-term.


About Anglican Church Growth Corporation

Anglican Church Growth Corporation is an entity within the Anglican Diocese of Sydney whose purpose is to develop strategy and assist in the provision of resources for ministry initiatives involving the acquisition or development of property in greenfield and existing urban areas.


About For Purpose Investment Partners

For Purpose Investment Partners is a not-for-profit social impact investment manager, created to pursue an important mission; bringing private sector capital and capabilities into sizeable businesses and projects to create significant social impact.

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