The National Housing Finance and Investment Corporation (NHFIC) commenced operations on 30 June 2018 and was established under the National Housing Finance and Investment Corporation Act 2018 (NHFIC Act) The organisation is defined as a corporate Commonwealth entity under the Public Governance, Performance and Accountability Act 2013.
NHFIC is part of the Treasury portfolio of agencies. The responsible Minister is the Minister for Housing and Assistant Treasurer, the Hon. Michael Sukkar MP (Minister).
The Minister appoints the Board and may provide directions about the performance of NHFIC’s functions through the National Housing Finance and Investment Corporation Investment Mandate Direction 2018.