Housing Australia Future Fund Facility and National Housing Accord Facility
Co-investment finance for 40,000 social and affordable homes through the Housing Australia Future Fund and National Housing Accord.
What is the Housing Australia Future Fund Facility (HAFFF)?
The Housing Australia Future Fund Facility (HAFFF) is a Federal Government funding initiative administered by Housing Australia to support the delivery of 20,000 new social homes and 10,000 new affordable homes across Australia over a 5-year period, including housing to support acute housing needs.
What is the National Housing Accord Facility (NHAF)?
The National Housing Accord Facility (NHAF) is administered by Housing Australia to give effect to the Federal Government’s commitment under the National Housing Accord to support the delivery of 10,000 new affordable homes over the same 5-year period. The National Housing Accord is an agreement between all levels of government, institutional investors and residential development, building and construction industry representatives to unlock quality, affordable housing supply over the medium term. Find out more about the National Housing Accord here.
How are the HAFFF and the NHAF funded?
The Housing Australia Future Fund (HAFF) is a $10 billion investment fund established by the Federal Government and managed by the Future Fund. The income generated by the HAFF will provide disbursements to fund the delivery of housing under the HAFFF and the NHAF. Housing Australia is expected to administer the majority of the disbursements from the HAFF. Find out more about the HAFF here.
Information about funding rounds
Funding Round One
On Monday 16 September, Housing Australia notified applicants of the outcomes of the first funding round of the program.
Preferred projects are progressing through contract negotiations, and subject to contract award, will deliver more than 13,700 new social and affordable homes across Australia, and will be announced following contract close.
Support for Funding Round One Applicants
If you have submitted an application with Housing Australia under Funding Round One and you need to update your contact details, please log into the Housing Australia Portal here, or alternatively, contact us at enquiries@housingaustralia.gov.au
Funding Round Two
The Call for Applications (CFA) for funding under Round Two of the HAFFF is now open to State and Territory Governments for eligible social housing projects.
The CFA opened on 16 December 2024 and will close at 12 noon on Friday 31 January 2025 AEDT.
Funding Round Two aims to ensure a balance of social and affordable housing outcomes are achieved over the 5-year program by partnering with states and territories to deliver up to 5,000 social dwellings.
For more information, review the fact sheet available below.
Future Funding Rounds
Housing Australia is working closely with Government and will be engaging with stakeholders from early next year to develop and open further market-based rounds from mid-year to support delivery of more social and affordable housing as soon as possible.