A Brisbane couple are taking generosity to the next level by giving away land to help tackle the housing affordability crisis.

Ian and Neva Handy have offloaded enough land in the Moreton Bay region for 50 townhouses, in a $10.5 million development to be created by the not-for-profit Churches of Christ Housing Services.

“It’s so those who need affordable housing or have difficulty affording rent can take the benefit of this opportunity,” Mr Handy told the TODAY Show this morning.

“We were working with Churches of Christ affordable housing to do this and it became difficult for private enterprise to get involved because of the extra costs. For a charitable organisation, it’s a lot more cost effective.”

He said people looking to get involved would have to lodge an application, undergo assessment and would then be housed in the community of Kallangur, 27km north of Brisbane’s CBD.

The couple said they always wanted to help those less fortunate than themselves.

“If others can benefit, it’d be great. We feel money comes around and goes around,” Mr Handy said.

The project is slated to finish in late September to early October, with one, two and three bedroom houses available.

Churches of Christ general manager Frances Paterson-Fleider said the generous donation would make a huge impact on those who needed it most.

“The financial challenge of developing affordable housing is often about the cost of the land, rather than actual construction costs,” Ms Paterson-Fleider said.

“This project presented an opportunity to leverage private capital and philanthropic resources to achieve both financial and social returns, it is exemplar of philanthropists and the community sector partnering to address affordable living options in Queensland.”

Churches of Christ Housing Services are now taking enquiries for the townhouses at Kallangur. To register your interest please send your details (name and phone number) to housingservices@cofcqld.com.au or phone 1800 406 566.

The demand for the properties and the need for an affordable living solution at Kallangur is high so we are maintaining a register of people interested in the properties. An application pack will be sent to those that register interest in due course.