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Housing associations must be companies limited by shares or guarantee.

Housing associations are larger, more complex businesses with the skills, expertise and resources to manage, maintain and grow a viable social housing portfolio. They expand new housing through construction, purchase or acquisition, using a mix of government funds and private sector investment. They also manage housing properties owned by them or leased from other parties, such as the Director of Housing.

There are currently ten registered housing associations in Victoria. The Public Register contains the details of all community housing agencies, including Housing Associations, currently registered under the Housing Act 1983 (Vic).