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Earlier this month, the Federal Government registered an updated Investment Mandate to commit an additional $1 billion of funding to the National Housing Infrastructure Facility (NHIF), a funding program administered by Housing Australia.
The funds comprise of up to $700 million for grants and $300 million for concessional loans to support the delivery of more crisis and transitional accommodation for women and children experiencing domestic violence, and for youth experiencing homelessness.
“Across the whole housing continuum, Australia faces housing shortages. This includes private housing, private and long-term rentals, social and community housing and crisis, temporary accommodation and transitional housing.
“HIA continues to advocate that all forms of housing are needed across all locations. It is not one form of housing over another, rather we need to boost supply across the board.
“As part of this we need to see policy levers and funding directed to support the delivery of each form of housing across the continuum.
“The funding announced today, for targeted action to support boosting the supply in crisis, temporary accommodation and transitional housing is an important initiative towards a critical part of housing mix for our most vulnerable parts of society,” concluded Ms Martin.
“HIA welcomes the Housing Delivery Authority (HDA) now accepting Expressions of Interest for major residential projects to be assessed through a new faster approval pathway. However, more needs to be done to address the housing crisis in NSW“ said Brad Armitage HIA Executive Director NSW.
“HIA welcomes the Federal Government’s commitment of $50 million to support increased social housing supply through the construction of enabling infrastructure in Far North Queensland,” HIA Executive Director Peter Fry said today.
“Building approvals data reveals the ongoing strengthening in the new home building market and continue to point to a moderate-pace recovery in 2025,” stated HIA Senior Economist, Matt King.
“Figures from the National Centre for Vocational and Education Research reaffirm the workforce challenges facing the construction industry,” HIA’s Executive Director Future Workforce, Geordan Murray said today.