Delivering the federal government’s goal of building 30,000 social and affordable homes over the next five years is a big challenge and would require partnership with the superannuation industry, partnership with the states and developers, says National Housing and Finance Investment Corporation boss Nathan Dal Bon.
“I think the key is to try to attract superannuation funds into the development sector, which I think is possible with the right structuring,” the NHFIC chief executive said.
“Certainly we’re seeing strong support from the superannuation sector response today. I think partnerships with the states will be really critical.
“So I think to deliver those properties, leverage is critical, using estates and using a range of partnerships from both the financial sector and also developers builders to ensure that you can deliver in that timeframe.”
Ken Morrison, chief…