Housing Australia Investment Mandate Direction 2018
10AMinimum number of dwellings to be made available
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10A Minimum number of dwellings to be made available
(1) In performing its financing function, Housing Australia must take all reasonable steps, during a period of 5 years beginning on the day this section commences, to achieve the outcome of making available, in each State and Territory, a minimum of 1,200 applicable dwellings. (2) In determining whether the outcome of a minimum of 1,200 applicable dwellings has been achieved, Housing Australia must include any applicable dwellings made available in a State or Territory as a result of a grant of financial assistance made under subsection 18(1) or 18(3) of the Housing Australia Future Fund Act 2023. (3) An applicable dwelling is a dwelling that is or will be any of the following: (a) social housing; (b) affordable housing; (c) addressing an acute housing need. (4) However, a dwelling that is crisis and transitional housing is not an applicable dwelling.