Fund Size
$10B
Off-budget · returns fund grants
Homes Announced
40,100
27,000 social · 13,100 affordable
% of 5-Year Target
134%
of 30,000 home target
Total Projects
594
Across 3 rounds, all states
Progress: 40,100 homes announcedTarget: 30,000 homes by 2024–2029
100% of 5-year targetRemaining: -10,100 homes
AdministratorHousing Australia (formerly NHFIC)
EstablishedJuly 2023
LegislationHousing Australia Future Fund Act 2023
StructureOff-budget investment fund. Returns (not principal) fund grants. ~$500M available per year.
5-Year Target30,000 homes (20,000 social, 10,000 affordable)
Committed to Date$2,223.6M
Homes Announced40,100