The National Housing Finance and Investment Corporation (NHFIC), established by the Australian Government last year to improve housing affordability, is seeking greater engagement from councils which want to access its National Housing Infrastructure Facility.
The Facility has $1 billion and has been set up to provide finance for eligible infrastructure projects that will unlock new housing supply, particularly affordable housing. Local governments or their investment corporations are among those able to apply for funding in the form of grants, concessional loans or equity investments and while the NHFIC is currently in discussions with some councils it is keen to talk to more councils about the opportunities provided for by the Facility. More details on the NHFIC are provided at http://nhfic.gov.au