The Albanese Government has delivered on its commitment to Australians with 1 November marking the start of the $10 billion Housing Australia Future Fund.
The Housing Australia Future Fund (HAFF) is the single biggest investment to support social and affordable housing in more than a decade.
It will help deliver 30,000 new social and affordable rental homes in the fund’s first five years, providing a secure funding source for new homes.
Housing Australia will be responsible for administering the majority of returns from the HAFF and other key programs included in the Albanese Government’s housing reform agenda.
Fund returns will also deliver the Government’s commitments to help address acute housing needs.
This will provide housing support to remote Indigenous communities, women and children experiencing domestic and family violence, older women at risk of homelessness, and veterans experiencing or at risk of homelessness.
The HAFF is just one part of the Albanese Government ambitious housing reform agenda which also includes: