Document ID: chunk:federal_register_of_legislation:F2024C01285:reg:21aa
Version: federal_register_of_legislation:F2024C01285
Segment Type: reg
Provision Reference: reg 21AA
Character Range: 30728–31453

21AA  Simplified outline of this Part

      The National Housing Infrastructure Facility
      The purpose of the NHIF is:
             (a) to overcome impediments to the provision of housing that are due to the lack of necessary infrastructure; and
             (b) to increase the availability of social and affordable housing, including crisis and transitional housing.
      The NHIF does this by providing finance for eligible infrastructure and housing projects that would not otherwise have proceeded, or that would only have proceeded at a much later date or with a lesser impact on new social or affordable housing (including new crisis and transitional housing).

Division 1—Financing mechanisms and eligibility