12

Oct

2023

National Housing Finance and Investment Corporation (NHFIC) has changed its name

The National Housing Finance and Investment Corporation (NHFIC) will now be known as Housing Australia.

This name change follows the passage and Royal Assent of the Federal Government’s Housing Legislative Package, which included the expansion of the organisation’s duty to facilitate the delivery of the Government’s Housing Policy agenda.

Housing Australia will remain a corporate Commonwealth entity overseen by an independent board. It will continue to administer the Home Guarantee Scheme, Affordable Housing Bond Aggregator, and the National Housing Infrastructure Facility, slated to receive a further $1 billion investment from the Federal Government.

As part of the recently passed Federal Government’s Housing Legislative Package, Housing Australia will undertake additional responsibilities to support delivery of more social and affordable homes for Australians in need, under the new Housing Australia Future Fund.

It will also assist in delivering more affordable homes under the National Housing Accord.

Housing Australia also helps eligible home buyers purchase homes quickly through the Home Guarantee Scheme. The execution of these housing programs is supported by Housing Australia’s research, data, and analytics capabilities.

To accommodate the change of name all documents relating to the Home Guarantee Scheme have been updated on our broker website.   Please ensure you are using the latest version of these documents that reflect Housing Australia.

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