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The focus of this submission is foreign investment in residential real estate in Australia

This submission draws the Committee’s attention to the considerable evidence-base on affordable housing developed by AHURI relevant to the Inquiry’s terms of reference.

This submission draws the Select Committee’s attention to the evidence-base developed by the Australian Housing and Urban Research Institute (AHURI) on topics relevant to the terms of reference of the committee.

AHURI research supports that a governing expert Board of Directors requires directors with extensive experience and expertise in financial management and credit assessment along with community housing provider representation.

Growth in community housing provision has been based on transfer of stock from (State owned) public housing and on development of new stock by community housing providers. Increasingly, this new stock is developed through partnerships involving commercial developers, state governments, or both.

This submission outlines:

• The impact of the National Housing Finance and Investment Corporation (NHFIC) on the Community Housing Provider (CHP) Sector
• The Role of NHFIC in Housing Supply
• The Role of NHFIC in Increasing Homeownership
• The Role of NHFIC Research
• The Governance and Operation of NHFIC