NHFIC
  • What we do
    • Affordable Housing Bond Aggregator
      • Eligibility
      • Application process
      • Capacity Building Program grants
    • National Housing Infrastructure Facility
      • Eligibility
      • Application process
      • Capacity Building Program grants
    • Support to buy a home
      • First Home Loan Deposit Scheme
      • New Home Guarantee
      • Family Home Guarantee
      • Schemes comparison table
      • Frequently Asked Questions
      • Home Guarantee Scheme changes from 1 July
    • Housing Research
  • Investor relations
    • Social bonds
    • Bond framework
  • Media & resources
    • Media releases
    • Case studies
      • Affordable Housing Bond Aggregator
      • First home buyers
    • Our stakeholders
  • About us
    • Our organisation
      • Our structure
      • Our Board
      • Our Leadership team
      • Our values and culture
    • Our governance
      • Policies and registers
      • Risk management
      • Committees and Charters
    • Reports and publications
    • Working with us
  • Contact us
t l
  • Media & resources
    • Media releases
      • Government announcement on liability cap 16 December 2021
      • New partnership to explore Build-to-Rent-to-Buy solutions for at-risk and vulnerable women
      • NHFIC commences FHLDS RFP for new non-major panel lenders
      • NHFIC releases flagship State of the Nations Housing 2021–22 research report
      • Government announcement: Scheme places 28 March 2022
      • Government publication of Federal Budget 2022-23
      • New reporting standard to demonstrate community housing industry’s ESG credentials
      • Five more lenders to offer Australian Government Home Guarantee Scheme from 1 July 2022
    • Case studies
      • Affordable Housing Bond Aggregator
      • First home buyers
    • Our stakeholders
Share t f l &

Media Release

New social housing to be delivered in innovative partnership

Thursday 20 August 2020

The National Housing Finance and Investment Corporation (NHFIC), together with the leading industry fund Cbus Super (Cbus), is pleased to support the NSW Land and Housing Corporation (LAHC) in a leading-edge pilot program that will deliver new social and affordable housing for NSW.

The Community Housing Renewal Program (CHRP) will see LAHC partner with Community Housing Providers (CHPs) to deliver new social, affordable and private dwellings on selected LAHC-owned land under a long-term lease.

LAHC today opened an Expression of Interest (EOI) period for registered CHPs.

NHFIC and Cbus have been working together to offer registered CHPs the option to access low interest, long-term funding to take part in this program. The two organisations recently signed a joint letter to CHPs outlining a debt package available to participants in the EOI.

NHFIC CEO Nathan Dal Bon praised the innovative structure, which partnered NSW LAHC (a state government agency), NHFIC (a Commonwealth entity) and Cbus (an industry super fund for the building, construction, and allied industries) for the first time.

“Working collaboratively with the NSW state government on delivering this program – and leveraging our strong relationship with Cbus to provide financing – will support the further development of the community housing sector in NSW,” Mr Dal Bon said.

Linda Cunningham, Head of Debt and Alternatives at Cbus said the fund is proud to be working with NHFIC and the NSW Government on the next evolution of housing finance.

“This innovative model increases the amount of debt funding available to CHPs and has the potential to be scaled to allow hundreds of millions of additional capital to be invested into the housing sector,” Ms Cunningham said.

“This could be a gamechanger in addressing the financing gap for new social and affordable housing construction.”

The CHRP pilot program includes six shovel-ready sites in Sydney that will deliver 96 dwellings. A second tranche of sites is being prepared for release after the pilot which will include 300 new social, affordable and private dwellings in metropolitan and regional NSW.

Logo © NHFIC 2021. All rights reserved. Privacy Policy | Terms and conditions
  • Media and resources
  • About us
  • Contact us
  • Scheme portal
  • What we do
  • Affordable Housing Bond Aggregator
  • National Housing Infrastructure Facility
  • Support to buy a home
  • Housing Research Portal
  • Legal
  • Complaints Mechanism
  • Freedom Of Information Policy
  • Information Publication Scheme
  • Fraud Control Policy