National Housing Finance and Investment Corporation
NHFIC
30 June 2018 – 1 October 2023
Renamed Housing Australia in 2023.
Corporate Commonwealth entity that provided low-cost finance for community and affordable housing and housing-enabling infrastructure, administered the first home buyer guarantee schemes and published housing market research.
Names over time
- National Housing Finance and Investment Corporation2018–2023
- Housing Australia2023–present
How it came into existence
Established on 30 June 2018 under the National Housing Finance and Investment Corporation Act 2018 in the Treasury portfolio, as a new body to run the Affordable Housing Bond Aggregator and the National Housing Infrastructure Facility.
Legislation: National Housing Finance and Investment Corporation Act 2018
Changes during its life
- 1 January 2020Began administering the First Home Loan Deposit Scheme, later expanded into the Home Guarantee Scheme.
How it ended
Renamed Housing Australia on 1 October 2023 under the housing legislation passed with the Housing Australia Future Fund Act 2023, which also renamed its Act the Housing Australia Act 2018.
Main functions
- Affordable Housing Bond Aggregator loans to community housing providers
- National Housing Infrastructure Facility finance
- First Home Loan Deposit Scheme and other home guarantees
- Housing market research
Where it sits
Last in the portfolio of Department of the Treasury.
Lineage
Loading lineage…
Sources
Primary sources
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 1 July 2018 to 30 September 2023)