Following the 2022 Federal Election outcome an interim Ministry has now been sworn in and the caretaker period has ceased. Further updates to this website will be made in due course.

 

National Housing Finance and Investment Corporation

(NHFIC)
Treasury
The NHFIC's mission is to improve housing outcomes for all Australians by: - strengthening efforts to increase the supply of housing; and - encouraging investment in housing (particularly in the social or affordable housing sector); and - providing finance, grants and investments that complement, leverage or support Commonwealth, State or Territory activities relating to housing; and - contributing to the development of the scale, efficiency and effectiveness of the community housing sector in Australia; and - assisting earlier access to the housing market by first home buyers. The NHFIC administers the following programs: - making loans, investments and grants for enabling infrastructure for housing that supports new housing, particularly affordable housing, through the $1 billion National Housing Infrastructure Facility; - providing cheaper and longer-term financing to registered community housing providers through the Affordable Housing Bond Aggregator; - providing up to 10,000 guarantees per financial year to allow eligible first home buyers to purchase a modest home sooner with a deposit of as little as 5 per cent, and an additional 10,000 guarantees in 2020-21 to build a new home or purchase a newly-built home, through the First Home Loan Deposit Scheme; - supporting registered community housing providers and encouraging growth of the sector through a capacity building program; and - undertaking research into housing demand, supply and affordability in Australia.
Departmental expenses 27381000
Average staffing level 18

Further information

  • Type of Body

    B. Corporate Commonwealth Entity

  • GFS Sector Classification

    GGS

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    National Housing Finance and Investment Corporation Act 2018

  • Annual Report Prepared and tabled?

    Yes

  • Classification

    A. Principal

  • GFS Function / Sector Reported

    PFC

  • Materiality

    Material

  • Auditor

    Not Yet Appointed

  • Creation Date

Last updated: