26Matters to be considered when determining concessions

26 Matters to be considered when determining concessions

(1) In determining any concession to be granted in making a financing decision under this Part, Housing Australia must have regard to the following: (a) the extent and mix of all concessions necessary for the project to proceed; (b) if the project is a housing-enabling infrastructure project—the extent of any public benefit that would result from the housing-enabling infrastructure; (ba) if the project is a social or affordable housing project—the extent of any public benefit that would result from the new housing; (c) the object of the Act and the limits set in the Act. (2) Housing Australia must limit the concessions offered to the minimum that it considers are needed for the project to proceed in the proposed timeframe. (3) Housing Australia may propose contract terms to ensure that the NHIF is not providing greater concessions than it considers are needed.