Media release

Government publication of 2022-23 October Budget

NHFIC welcomes the 2022-23 October Budget, in particular the additional funding for NHFIC to deliver 40,000 social and affordable homes and become Housing Australia. 

NHFIC will continue to partner with other tiers of government, community housing providers, and private investors such as superannuation funds to invest in social and affordable housing and support infrastructure projects critical to unlocking new housing supply.  

Adding the Housing Australia Future Fund to NHFIC’s functions, and the expansion of the National Housing Infrastructure Facility, will require an update to the National Housing Finance and Infrastructure Corporation Investment Mandate Direction 2018.

A fact sheet on the Government's Housing Supply and Affordability plan is available at Budget October 2022-23 - Improving Housing Supply and Affordability.

Full Budget papers are available at Budget documents | Budget October 2022–23