Media release

Federal Government’s announcement regarding Housing Legislative Package passing Parliament

The National Housing Finance and Investment Corporation (NHFIC) welcomes the passage of the Federal Government’s Housing Legislative Package.

Under the legislation, NHFIC will be renamed Housing Australia. Housing Australia has the primary responsibility for delivering 30,000 social and affordable homes under the Government’s Housing Australia Future Fund (HAFF).  This is in addition to the the Federal Government’s commitment of $350 million over 5 years to support funding an additional 10,000 affordable homes under the National Housing Accord.  

NHFIC also welcomes the announcement by the Federal Government on 11 September 2023 of an additional $1 billion to be invested in the National Housing Infrastructure Facility.

Housing Australia will continue to deliver our existing programs; the Home Guarantee Scheme, Affordable Housing Bond Aggregator and National Housing Infrastructure Facility.

NHFIC is liaising with stakeholders regarding any operational impacts to ensure a smooth transition to Housing Australia.

After five years as NHFIC, we look forward to the expanded responsibilities as Housing Australia, and continued collaboration across industry and all tiers of government to increase the supply of housing, particularly for low-income, vulnerable and at-risk Australians.

Read more about our impact here.

Link to announcement by the Hon Julie Collins MP.