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In addition to delivering Homes Victoria affordable through the Affordable Housing Rental Scheme, we are supporting the growth of affordable housing in Victoria through:

The Housing Australia Future Fund Facility (HAFFF)

The Housing Australia Future Fund Facility (HAFFF) and the National Housing Accord Facility (NHAF) are initiatives administered by Housing Australia and led by the Federal Government to improve housing outcomes for Australians.

Collectively, they will support the delivery of 20,000 new social and 20,000 new affordable homes across Australia over five years.

Over the five-year program rollout, it is anticipated that there will be multiple HAFF and NHAF funding rounds. Applicants who are unsuccessful or do not participate in Funding Round One are encouraged to participate in future potential funding rounds.

For more information visit www.housingaustralia.gov.au/housing-australia-future-fund-facility-and-national-housing-accord-facility

Regional Housing Fund

In July 2023 the Victorian Government announced the $1 billion Regional Housing Fund to deliver more than 1,300 social and affordable housing dwellings across regional Victoria.

In delivering the fund, Government has committed to undertake consultation with local government, Regional Partnerships and community on the right mix and location of dwellings to be delivered in each region.

More information on the Regional Housing Fund will be available soon.

Affordable Housing Investment Partnerships

Affordable Housing Investment Partnerships (AHIP) makes low interest loans and government guarantees available to finance social and affordable housing for Victorians who need it most.

AHIP expands on the existing Building Financial Capacity of Housing Agencies (BFCHA) initiative, bringing the total finance available to $2.1 billion.

Low interest loans and government guarantees are open to:

  • Community housing associations and providers
  • Other not-for-profit housing providers and councils, and
  • Property developers, superannuation funds, banks and financial institutions

For more information visit: https://www.vic.gov.au/ahip