Subscribe to keep up to date with the latest research, resources, news and events from The Deck.
You can also sign up to Q Shelter’s monthly newsletter, Home Matters.
Sector Calls For A Stronger Commitment From Government To Unlock Institutional Investment In Social And Affordable Housing
Publisher/s
Brisbane Housing Company
Author/s
Brisbane Housing Company
Abstract
With the announcement on 16 December 2021 of the $500 million increase to the National Housing Finance and Investment Corporation’s (NHFIC) liability cap, leading Queensland community housing provider BHC is calling on the Federal Government to do more to give certainty to institutional investors, and hope for Australian families in housing need.
Providers are calling on the Government to amend arrangements for the NHFIC liability cap as follows:
- Raising the cap in the next Budget cycle to $5 billion, instead of just $3.5 billion
- Implementing a predictable schedule for future reviews of the cap, to continue to build industry and stakeholder confidence in the availability of funds and the manner in which the reviews take place.