M2025-95 - Request for Proposals - Trusteeship of the Mount Alexander Affordable Housing Trust
The scope of the Deed of the MAAHT has been set as broadly as possible to enable it to meet as diverse a range of affordable rental housing needs in the community as possible. The Trust’s broad scope also assists with ongoing relevance and flexibility over the long time frame the Trust is intended to exist and function. The MAAHT will secure land for the purpose of perpetually providing affordable and appropriate rental housing in the Shire.
Autonomy of the Trust from Council was decided when deliberating the Trust’s focus and governance arrangements. It enables the Trustee to establish their own reputation through implementation of the purpose of the Trust. And it gives donors and community certainty that land and capital within the Trust will not, and cannot, ever be used for any purpose other than addressing unmet affordable rental housing needs in the community.