Housing Australia has released the Social Bond Report for 2023-24. The current mix of capital and financial structures supporting non-market housing is crucial. Last year, $877 million in AHBA loans were approved, aiding the creation of 2,400 social and affordable homes. Read more below 👇 #Social #Affordable #Housing #Funding #CommunityHousing #Finance #Partnerships
Today, Housing Australia released its annual Social Bond Report 2023-24 to update the industry on outcomes and benefits of social and affordable housing projects financed by Housing Australia’s social and sustainability bonds. The report shows that $876.8 million of AHBA loans were approved last financial year, which will support the supply of more than 2,400 social and affordable homes across Australia. Financing provided exclusively to the community housing sector in the form of long-term loans has enabled the sector to save an estimated $140 million in interest and fees during the life of the loan. Find Housing Australia’s Social Bond Report 2023-24 here: https://lnkd.in/gSZZgEp4