28WMatters to be considered when making financing decisions

28W Matters to be considered when making financing decisions

In making a financing decision under this Part, Housing Australia must have regard to the following: (a) the extent to which the financing decision would increase affordable housing on an equitable, as needs basis across Australia (including in regional, rural and remote areas); (b) the likely effect of the project on the supply and ongoing availability of affordable housing; (c) whether housing proposed under the project: (i) is close to work, schools, transport and other amenities; and (ii) supports improved productivity and liveability; (d) the extent to which the project’s workforce (whether or not employed directly by the project proponent) will support greater participation of apprentices, in particular female apprentices and female trade apprentices in the building and construction industries; (e) the extent of any concession that it would be appropriate to offer; (f) the extent to which financing the project would assist Housing Australia to achieve the outcome mentioned in section 10A; (g) whether finance under the NHAF is needed to encourage private sector participation in financing the project; (h) whether finance under the NHAF would complement, leverage or support other Commonwealth, State or Territory finance or activities; (i) any relevant report by or advice from the National Housing Supply and Affordability Council that: (i) is publicly available; and (ii) Housing Australia has disclosed to the project proponent; (j) the object of the Act and the limits set in the Act; (k) where the project proponent is a NHAF special purpose vehicle—the extent to which its underlying eligible members will be involved in the project over its duration; (l) where the project proponent is a constitutional corporation—the extent to which the support would assist the corporation in the performance or development of its activities, functions, relationships or business. (m) whether the project will deliver value for money in terms of either or both of the following: (i) the amount of housing delivered; (ii) the extent to which it addresses unmet affordable housing needs.