Statement on Government announcement on expansion of the NHIF
NHFIC notes an outcome from the Jobs and Skills Summit is the Government’s commitment to widening the remit of the National Housing Infrastructure Facility (NHIF) by unlocking up to $575 million to invest in social and affordable housing. NHFIC welcomes the Government’s additional support for NHFIC to deliver social and affordable housing.
NHFIC will continue to partner with other tiers of government, social 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. Further details about the expanded NHIF will be available in the coming months.