The Housing Australia Future Fund (HAFF) is a dedicated $10billion investment by the Australian Government, established in November 2023 under the Housing Australia Future Fund Act, to improve housing outcomes for Australians.

As the largest funding round to date, Round 3 will unlock investment to deliver the remaining 21,350 social and affordable homes needed to reach the national target of 40,000 homes by 2029.

Building on strong momentum from previous rounds, Round 3 focuses on accelerating delivery and deepening partnerships across sectors to deliver sustainable, nationwide housing outcomes.

Round 3 will support the delivery of 21,350 well located, high quality homes that provide value for money and long term community benefit.

Priorities include:

• Closing the gap: Support more homes being owned by First Nations led organisations with $600m ringfenced funding and a dedicated funding stream. In addition, 10% of all social housing across relevant funding streams must be allocated to First Nations households
• Keys in doors: Delivery certainty targeting support to homes that will be delivered in a timely way, seeking rolling completions from 2027 and all dwellings complete by June 2029
• Geographic distribution: Reach a minimum of 1,200 homes in each state and territory, with strong regional representation
• Well located homes: Fund well-located projects that improve liveability, responding to acute housing needs
• Enduring community value: Support proposals that demonstrate value for money and create long-term community value through Community Housing Providers and other eligible funding recipients
• Impactful partnerships: Encouraging collaboration across investors, developers, builders and delivery partners to maximise outcomes.

To help applicants target proposals and deliver on program objectives, Round 3 introduces four tailored Funding Streams:

• Stream 1: First Nations - more homes owned by First Nations Housing Providers, supporting the housing needs of First Nations people
• Stream 2: Housing Diversity - support housing outcomes across a diversity of locations and cohorts
• Stream 3: States and Territories - partner with State and Territory governments to unlock and accelerate the delivery of more homes
• Stream 4: Partnerships at Scale - enable more homes, sooner, by attracting partners that can deliver timely and efficient outcomes at scale

For more information, refer to the fact sheets available below.

• Stream 1: First Nations - Fact Sheet
• Stream 2: Housing Diversity - Fact Sheet
• Stream 3: States and Territories - Fact Sheet
• Stream 4: Partnerships at Scale

 How to apply

• Register for an account on the Housing Australia Portal (HAP) here.
• Review the Call for Submissions and supporting documents available within the HAP, which outlines detailed requirements for Round 3. Applicants should consider this information carefully before submitting.
• Submit an Expression of Interest (EOI) in HAP under the relevant stream. EOIs are assessed on a first-come, first-served basis.
• Successful EOI applicants will be invited to submit a Detailed Application through HAP.
• Housing Australia will communicate outcomes in writing.
• Consult the Frequently Asked Questions on the Portal and submit any additional questions through the same system.

Eligible Funding Recipients for Round 3 include:

1. Community Housing Providers
2. Charities with a primary purpose of improving housing outcomes for Aboriginal or Torres Strait Islander people
3. Charities with a primary purpose of improving housing outcomes for former members of the Australian Defence Force
4. Charities with a primary purpose of improving housing outcomes for members of the Australian Defence Force
5. State and Territory governments
6. Local governments.

• Phone: (02) 8925 1800