NHFIC open for business
Registered community house providers with a desire to borrow from the Affordable Housing Bond Aggregator (AHBA) can now complete the Expression of Interest forms online.
The National Housing Finance and Investment Corporation (NHFIC) is a key part of the Australian Government’s Reducing Pressure on Housing Affordability plan.
The NHFIC operates a $1 billion facility, known as the National Housing Infrastructure Facility (NHIF).
The NHIF offers concessional loans, grants and equity investments to help support eligible enabling infrastructure projects. NHIF Financing can be used for projects which provide enabling infrastructure to support new housing, particularly new affordable housing. This includes: electricity, water and sewerage, telecommunications and transportation.
To be eligible for financing, an applicant must demonstrate that without NHFIC financing its project would be unlikely to proceed, or likely to proceed only at a much later date, or with a lesser impact on new affordable housing.
To help the NHFIC assess eligibility and EOI form must be completed which will assist in detailing your details, the amount to be considered in borrowing, how the funds will be used and other questions.
The EOI application should not be treated as a formal application for a loan. Only if your EOI is suitable then a request will be made to submit a loan application.
Visit the NHFIC website for full details.
For more information you can contact the NHFIC on 1800 549 767. email@example.com
This page has no comments.