Supporting over 400 new social and affordable dwellings.
$450m+ loans committed to CHPs
More than $450m in loans provided to CHPs to drive the supply of social and affordable housing.
<3% interest rate
The funds raised by NHFIC’s first social bond were lent at an interest rate of less than 3%.
$50m+ cost savings over 10-year loan term
NHFIC’s innovative financing model is delivering an estimated $50m+ in financial cost savings for CHPs over the 10-year term of the loans, enabling them to invest more in new social and affordable housing.
$315m social bond
NHFIC’s debut $315m bond issue was 4x over-subscribed with total bids in excess of $1.3b.
$1.5m Capacity Building Program
Established a $1.5m Capacity Building Program to support tier 2 & 3 CHPs access NHFIC’s finance.
Established a best-practice governance regime
Strong governance arrangements established, including appropriate controls to provide transparency and accountability to the Board and Management on NHFIC’s operations.