Government to establish $1 bn National Housing Finance and Investment Corporation

The government will establish the National Housing Finance and Investment Corporation (NHFIC), an affordable housing bond aggregator designed to attract private and institutional investment and provider cheaper, longer-term finance to the development of affordable housing.

Mark Peacock, acting executive director, Impact Investing, Social Ventures Australia

In the 2017 Budget, the government said that it would allocate $9.6 million for 2017-2018 to establish the NHFIC, which will begin operations from 1 July 2018. NHFIC will operate an affordable housing bond aggregator, and will administer a $1 billion National Housing Infrastructure Facility. 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Author: Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

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