Housing Australia announces initial pipeline of housing for the Housing Australia Future Fund and National Housing Accord
Housing Australia has selected an initial pipeline of 185 projects to potentially deliver more than 13,700 social and affordable homes across the country under the first funding round of the Federal Government's Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF).
The preferred projects under funding round one will support investment of up to $9.2 billion in social and affordable housing, with the pipeline expected to deliver more than one-third of the program's 5-year target of 40,000 social and affordable homes.
Today, Housing Australia will notify applicants of the outcomes for the first funding round of the program following completion of a detailed evaluation process. The preferred projects will progress to contract negotiations.
The preferred projects include more than 4,200 social and 9,500 affordable homes. The new homes are distributed across every State and Territory and include almost 1,300 homes for women and children escaping domestic violence and older women at risk of homelessness.
Approximately 700 of the homes are due for completion this financial year, ready for tenants to move in.
Housing Australia Chair, Carol Austin said, "Housing Australia would like to acknowledge the strong response to the first funding round and tremendous efforts of those organisations that have applied. As a result, this funding round has the potential to deliver more than 13,700 social and affordable homes across the country, helping more Australians to access affordable, safe and secure housing.
"The Housing Australia team is committed to working with applicants to take preferred projects forward while working with the community housing sector, industry and government to shape future funding rounds and deliver more housing under the HAFFF and the NHAF."