22Eligible project proponents for housing-enabling infrastructure projects

22 Eligible project proponents for housing-enabling infrastructure projects

(1) To be eligible for finance under the NHIF for a housing-enabling infrastructure project, a project proponent must be: (a) a State or Territory; or (b) a local governing body; or (c) a local government-owned investment corporation or utility provider that is a constitutional corporation; or (d) a State government-owned utility provider that forms part of the State or that is a constitutional corporation; or (e) a Territory government-owned utility provider that is a constitutional corporation; or (f) a registered community housing provider that is a constitutional corporation; or (g) an entity that is a housing-enabling infrastructure special purpose vehicle. (2) An entity is a housing-enabling infrastructure special purpose vehicle if: (a) it has a purpose of undertaking housing-enabling infrastructure projects; and (b) at least one of its members is an entity mentioned in paragraphs (1)(a) to (f).