Overview
Ongoing Funding is an application pathway that provides access to long-term loans and, in limited cases, grants. This pathway is ongoing while funding remains available.
Ongoing Funding is available through two Australian Government initiatives - the Affordable Housing Bond Aggregator (AHBA) and the National Housing Infrastructure Facility Social and Affordable Housing (NHIF SAH).
Affordable Housing Bond Aggregator
What support is available?
Long-term loans.
How it works
The AHBA aggregates funding requirements from CHPs and finances them primarily by issuing long-term social and sustainable bonds in Australian wholesale debt capital markets. The bonds are guaranteed by the Australian Government and have a AAA (stable) credit rating from Standard and Poor’s.
Housing Australia can also access funding via a line of credit from the Australian Government to advance shorter-term loans to registered CHPs for construction finance projects or to provide funding in advance of a bond issuance. In each case, the cost of the AHBA’s funding is passed through to the CHP borrowers plus a lending margin to cover Housing Australia’s associated operating costs and to build capital reserves over time.
What can AHBA funding be used for?
- Acquiring, constructing or maintaining new housing
- Assisting with working capital requirements and/or general corporate requirements
- Refinancing existing debts.
Mixed tenure developments may also be considered subject to lending criteria.
Who can apply?
To apply for funding, you must be a registered community housing provider (CHP).
How to apply
- Check your eligibility – read the information on this page to see if you are an eligible organisation.
- Complete this short information form.
- A Housing Australia Investment Manager will be in touch to discuss your project and next steps.
National Housing Infrastructure Facility Social and Affordable Housing
What support is available?
Loans and some grants (non-repayable).
How it works
The NHIF SAH offers flexible financing for either, or a combination of, the following:
- Constructing new social and affordable housing
- Acquiring existing properties to be used as social or affordable housing.
Who can apply?
To apply for funding, you must be one of the following:
- Registered community housing provider (CHP)
- State or territory government or government-owned corporation
- Local governments or local-government owned corporation
- Incorporated special purpose vehicle with at least one eligible foundation member (as above).
How to apply
- Check your eligibility – read the information on this page to see if you are an eligible organisation.
- Complete this short information form.
- A Housing Australia Investment Manager will be in touch to discuss your project and next steps.
Need help?
Contact an Investment Manager
Complete this short information form. A Housing Australia Investment Manager will be in touch to discuss your project and next steps.