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First tender surge for Housing Future funds

Michael Bleby

The federal government’s first tender for funds from the $10 billion Housing Australia Future Fund drew bids from community housing providers, fund managers and state and territory governments, outstripping the nominal 8000-home quota and prompting calls for a larger allocation of funds.

Bids from the 37 largest community housing providers alone totalled 22,600 homes in projects worth $13.8 billion – more than half of the 40,000 affordable and social homes the combined HAFF and National Housing Accord Facility programs aim to secure over five years, industry group PowerHousing Australia said.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/first-tender-surge-for-housing-future-funds-20240325-p5ff16