In the 2017-18 Budget, the Government announced a comprehensive housing affordability plan to improve outcomes across the housing continuum. The Government’s plan includes establishing:
- The National Housing Finance and Investment Corporation (NHFIC) – a new corporate Commonwealth entity dedicated to improving housing affordability;
- A $1 billion National Housing Infrastructure Facility (NHIF) which will use tailored financing to partner with local governments in funding infrastructure to unlock new housing supply; and
- An affordable housing bond aggregator to drive efficiencies and cost savings in the provision of affordable housing by community housing providers.
Why we are consulting
The purpose of this Consultation Paper is to seek feedback on the potential structure and governance of the NHFIC, and the operation of the NHIF and affordable housing bond aggregator.
Interested parties are invited to lodge written submissions on the matters raised in this Paper by Friday 20 October 2017.