Venture Housing Company is committed to making a significant contribution to the supply of affordable housing in the Northern Territory
Venture Housing Company Ltd (‘Venture’), a company limited by guarantee (ABN: 19 154 969 963) is a ‘For Purpose’ (not-for-profit), housing provider of safe and affordable housing options for Territorians.
Venture focuses on providing rental housing for moderate income earners in the Territory who are struggling to find a home.
Venture also provides and manages housing for seniors and is working towards innovative solutions to the provision of housing for disadvantaged groups in the community. To achieve this, Venture works with a number of stakeholders including the Northern Territory Government, the private sector and other non-government organisations through partnerships to deliver housing projects
Operating since 2011
Venture was established in December 2011 as a response to the growing housing affordability crisis for low to moderate income earners.
In late June 2016, Venture was fully capitalised and owned 160 dwellings in the Darwin and Palmerston region. For the period 2021-2024, Venture's primary focus will continue to be on the growth of its affordable housing portfolio, but it will balance this with the need to explore new ideas to create a revenue mix that provides the long-term sustainability that Venture needs to underpin its delivery of quality, affordable, safe and secure homes for Territorians.
Venture Housing Company is a company limited by guarantee and has both Charitable and Public Benevolent Institution status. It is a Tier 2 Community Housing Provider registered under National Regulatory System for Community Housing and a licensed Real Estate Agent (RE1107). The Company is governed by an independent Board. Venture was heavily capitalised by the Northern Territory Government and is committed to the delivery and growth of a sustainable mix of affordable, social and shared appreciation housing in the Northern Territory.