NHFIC and Landcom explore local housing solutions in NSW

The memorandum of understanding states the parties will work together to: accelerate new housing supply across regional and metropolitan NSW; develop deal parameters for a pilot social and affordable housing program; and facilitate financing applications under the Affordable Housing Bond Aggregator (AHBA) and the National Housing Infrastructure Facility (NHIF).

Landcom CEO John Brogden said the MoU would strengthen our existing collaboration with NHFIC and provide additional certainty for partners in the community housing sector as we strive to deliver more affordable housing and sustainable communities across NSW.

“We have a mutual interest in improving the affordability and diversity of housing to the meet the needs of communities with differing requirements and income levels,” Mr Brogden said.

“The prospect of deeper collaboration to achieve our joint aims is an exciting opportunity which will advance the supply and diversity of housing and the delivery of housing infrastructure throughout both metro and regional NSW,” Mr Brogden commented.

NHFIC CEO Nathan Dal Bon said the MoU was a natural fit, given NHFIC and Landcom’s shared goals to improve supply and affordability of new housing: “This MoU provides a framework for dialogue and collaboration, so we can focus our efforts on infrastructure projects that will lead to more housing and better housing outcomes.

“A key priority will be to identify opportunities to deliver housing infrastructure and unlock new housing supply in both metropolitan and regional areas, to alleviate affordability challenges. NHFIC will work closely with Landcom, which has strong relationships with NSW councils, to bring forward land that can be used to deliver more affordable housing,” Mr Dal Bon concluded.