Document ID: chunk:federal_register_of_legislation:F2024C01285:reg:21ac
Version: federal_register_of_legislation:F2024C01285
Segment Type: reg
Provision Reference: reg 21AC
Character Range: 31694–32289

21AC  Eligibility for loans and grants
  Housing Australia must not make a loan or grant under the NHIF through which a project may be financed unless it is satisfied of the following matters:
 (a) the project proponent is eligible under section 22, 22A or 22BA;
 (b) the project is eligible under section 23;
 (c) the loan or grant is covered by paragraph 8(1A)(a), (b) or (c) of the Act;
 (d) in the case of a loan—the risk that the loan will not be repaid does not exceed an acceptable level.
Note: Section 24 provides that a project may be financed under the NHIF through loans and grants.