About us
NHFIC is a corporate Commonwealth entity with the purpose of improving housing outcomes for Australians.
NHFIC provides long-term and low-cost finance, and capability building assistance, to registered community housing providers (CHPs) to support the provision of more social and affordable housing.
It lends, invests and provides grants to help finance the critical infrastructure needed to unlock and accelerate new housing supply.
NHFIC supports first home buyers by administering Government schemes that help them purchase their home sooner, and undertakes independent research into housing supply, demand and affordability in Australia.
NHFIC's Achievements
Supported Australians in need of affordable housing, including people with a disability, Indigenous Australians, vulnerable women and children, people of culturally and linguistically diverse backgrounds, people living in regional Australia
Approved $2.5 billion in long-term loans to 34 CHPs, supporting over 13,000 new and existing homes and saving these CHPs an estimated $440 million in interest and fees as well as other indirect costs associated with refinancing
Issued nearly $2 billion in bonds, 6 bond issuances with tenors up to 15 years, issued first sustainability bond and floating rate note, in line with international ESG agenda (environmental, social and corporate governance)
Establishing social and affordable housing as a new investment asset class, with bonds supported by more than 60 domestic and international institutions, including Australian superannuation funds, sovereign wealth funds and offshore ethical investment funds, leveraging private capital into CHPs
Approved over $320 million in infrastructure facilities, to unlock over 6,700 projected new dwellings and accelerate housing supply
Helped over 40,000 Australians purchase or build a home by administering the First Home Loan Deposit Scheme (FHLDS), New Home Guarantee (NHG) and Family Home Guarantee (FHG)
Published 9 research reports and hosted 2 webinars, providing insights into the nation’s housing sector, with all findings consolidated into a single Housing Research Portal including interactive data map
Published inaugural flagship State of the Nation’s Housing report, focused on housing supply and demand projections
Provided 17 capacity building program grants, to assist CHPs to develop their financial capability and undertake new developments
Innovative financing for affordable housing, including a major Public Private Partnership project ($400 million) and pilot funding partnership with an Australian superannuation fund
These achievements are from establishment to 20 October 2021.
We have had a successful partnership with NHFIC since its inception. This funding in particular is game changing, enabling CHL to accelerate the delivery of large scale new social and affordable housing for hundreds of Victorians in a model that is replicable for the renewal of public housing nationally.
Steve Bevington, Managing Director, CHL