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This paper considers the social policy discourses that senior public housing and Non-Government Organisation (NGO) housing managers employ to articulate and explain changes in social housing provision in Tasmania. We suggest that the Tasmanian social housing reform agenda is reflective of reforms in other Australian states. The period 2003-10 marked a time of policy change affecting social housing supply and policy discourse, which were influenced by neo-liberal practices favouring multi-actor governance models and financing. Interviews reveal that contradictory values and discourses were commonplace. Divergent views centred on the social goals and the efficiency elements of the new social policy focus, the Affordable Housing Strategy (AHS) and its eventual key delivery organisation, Tasmanian Affordable Housing Limited (TAHL). Despite constrained application, neo-liberal processes remained strong within accounts of new social housing governance practices. We suggest that neo-liberal practices have extended economic considerations into areas of social housing provision that were previously sheltered from market concerns. [ABSTRACT FROM AUTHOR]