Compared to standard infrastructure assessments, establishing social housing outcomes are more complex and multifaceted. This research investigated various business case frameworks for funding social housing as infrastructure, including using cost-benefit analysis (CBA) and other alternatives, in order to develop stronger analytical methodologies. The ‘avoided cost’ approach estimates whole-of-government savings across portfolios, avoiding assigning financial value to the ‘intangible’ dimensions of housing that a CBA would typically calculate. The ‘housing adjusted life years’ (HALY) methodology sees social housing as a welfare/ public health intervention which improves life expectancy and quality of life.
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Denham et al. (2019) studied this question.
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