The HIF provides subsidies, one-off capital grants and other support to encourage developers, builders, institutional investors, superannuation funds, and eligible government entities to partner with Community Housing Providers to build or redevelop and operate housing solutions in Queensland.
The Queensland Government has doubled the size of the Housing Investment Fund to $2 billion. Greater support can now be provided through the HIF for affordable housing solutions, consistent with the government’s objective to increase supply across the full housing continuum.
Investment returns of up to $130 million a year will now be available to support an increased target of 5,600 new social and affordable home commencements across Queensland by 30 June 2027.
Housing solutions may include a mix of social housing, affordable housing, homelessness accommodation, including mixed-use developments and other allied services.
The HIF builds on the Queensland Government’s success in leveraging private sector co-investment to deliver more affordable housing for Queenslanders through the Build-to-Rent pilot program. The HIF is a key enabler of the Housing and Homelessness Action Plan 2021–25, including the Queensland Housing Investment Growth Initiative (QHIGI); the largest concentrated investment in social and affordable housing in Queensland’s history.
The HIF invitation for new Expressions of Interest is currently being refreshed, with updated documents to be provided in the coming months. Expressions of interest under the current program conditions are still encouraged.
HIF proposals are evaluated in a staged manner, in line with Queensland’s housing needs and value for money considerations.
A concierge team has been established to support proponents seeking support under the HIF.
All interested proponents are asked to complete the online pre-lodgement registration form for the EOI and to access the concierge team by visiting qld.gov.au/HousingInvestment
Separate from the current EOI process, the government may release specified state sites for development. Parties who have registered their interest in developing a housing solution under the HIF will be notified if state sites are released. The release of specified state sites for development will be subject to set opening and closing times, to allow for the evaluation and comparison of proposals.
The HIF is one of three programs under the Queensland Housing Investment Growth Initiative (QHIGI). Other programs include:
QuickStarts Qld—a capital investment program to accelerate construction, redevelopment and purchase expenditure to deliver new homes sooner.
Help to Home—partners with property owners, landlords and registered community housing providers to deliver housing outcomes to people in need.
The Queensland Government has doubled the size of the Housing Investment Fund to create a $2 billion pipeline of social and affordable housing investment partnerships.
Thursday 20 October 2022
The Palaszczuk Government will double the size of its signature Housing Investment Fund to help augment the commencement of more than 13,000 new homes for Queenslanders. Read more
Monday 20 June 2022
The Palaszczuk Government’s Housing Investment Fund will deliver a pipeline of up to 1200 new social and affordable homes through a commercial partnership between community housing provider Brisbane Housing Company and the Queensland Investment Corporation.
Treasurer and Minister for Trade and Investment Cameron Dick said the projects were part of the Palaszczuk Government’s concentrated investment in social and affordable housing, the largest in the state’s history. Read more
Wednesday 04 May 2022
There will be 118 new social and affordable homes built on Brisbane’s northside under the Palaszczuk Government’s $1 billion Housing Investment Fund.
Treasurer and Minister for Trade and Investment Cameron Dick said the projects at Sutton Street, Redcliffe and Ethel Street, Chermside were part of the largest investment in social and affordable housing in Queensland’s history. Read more