As the COVID-19 situation continues to evolve, the wellbeing of our people, partners and their communities remains our priority.
NHFIC is endeavouring to deliver a seamless level of service and support. We acknowledge the scale of the pandemic and are ready to support Community Housing Providers in their effort to provide secure and stable housing.
The Affordable Housing Bond Aggregator (AHBA) provides low cost, long-term loans to registered community housing providers (CHPs) to support the provision of more social and affordable housing.
NHFIC funds AHBA loans by issuing its own bonds into the wholesale capital market. The Australian Government has also provided a $1 billion line of credit facility through which NHFIC may advance initial loans to CHPs prior to issuing bonds.
The AHBA uses a ‘pass-through’ model to provide greater funding certainty and lower finance costs to CHPs. This assists them to expand their operations and the supply of social and affordable housing.
Acquiring new housing stock
Constructing new housing stock
Maintaining existing housing stock
Assisting with working capital requirements and/or general corporate requirements
Refinancing existing debts
Mixed tenure developments may also be considered subject to lending criteria.
To find out more about the AHBA read the factsheet.