The NHIF CI can provide finance to help support critical housing-enabling infrastructure. This includes new or upgraded infrastructure for:
Electricity and Gas
Water, sewerage and stormwater
Transportation including roads
Telecommunications
NHIF CI finance can also be used for:
Demolition and site remediation including the removal of hazardous waste or contamination
Onsite and linking infrastructure
The terms of NHIF CI finance are flexible with a range of concessions available to suit the applicant’s project requirements. These may include, for example, concessional interest rates, and/or longer loan tenure or extended period of capitalised interest and potentially combined with a grant component for projects that meet the eligibility criteria.
How does it work?
Eligible applicants can apply for finance for a:
NHIF CI concessional loan
NHIF CI grant
NHIF CI equity investment
Combination of these financing options.
Where the application is for a grant, NHFIC will give priority to proposals that also seek other forms of NHFIC finance as part of a blended financing arrangement.
What can't NHIF CI finance be used for?
Funding will not be provided through the NHIF CI for:
Housing itself or community infrastructure such as parks, day-care centres or libraries
Acquisition or refinance of land holdings, levies or contributions
Feasibility, scoping or planning studies or consultancy costs
Administrative costs associated with a project