What happens when the funding runs out? Exploring the utility of ‘exit strategies’ for Australian housing regeneration programmes
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One of the major challenges faced by state housing authorities engaged in housing estate regeneration programmes is to sustain the benefits that accrue from an initial injection of resources. Exit strategies is the term used to describe the set of policies that can be deployed by housing authorities to sustain regeneration at the end of a specific funded programme. This paper presents the findings of recent research to review current practices in developing exit strategies involving five Australian housing regeneration projects. The paper begins by discussing some of the international academic perspectives on housing regeneration. Then it reports on the five case study initiatives. The paper concludes with a discussion on some of the policy implications that emerge from the findings.