The Housing Australia Future Fund (HAFF) is an Australian Government initiative to increase the supply of social and affordable housing across Australia by providing capital funding to housing providers to build new homes.

Tasmania is increasing its social and affordable housing under HAFF Rounds 1 and 2.

HAFF Round 1

Housing Choices Tasmania (HCT) and Loreto Community Housing have been selected to deliver almost 470 new homes statewide, subject to the negotiation of funding agreements, under HAFF Round 1.

Homes Tasmania is providing $21 million in construction financing to HCT to deliver 47 homes under HAFF Round 1 in Wynyard.

HAFF Round 2

Homes Tasmania led the development of Tasmania’s bid under HAFF Round 2.

Homes Tasmania was successful in securing access to $92 million for eight projects that will provide 149 social homes, contributing to the delivery and ongoing management of 173 social and affordable homes, statewide. We will be working with our community housing partners to deliver these homes.

By working with community housing partners, HAFF Round 2 leverages $64 million in availability payments, and unlocks access to a further $28 million in capital grants and concessional loans to deliver the portfolio of homes.

Homes Tasmania is providing up-front construction finance for all 173 homes, 149 of which will be re-financed through the available Commonwealth funding.

HAFF 2 projects must commence construction before 30 June 2026 and be completed by June 2029.

HAFF Round 2 projects

North West

  • Romaine - 18 x two-bedroom units, including 10 social homes and eight affordable rental homes, to be delivered by Homes Tasmania.
  • Devonport - 22 x two-bedroom social homes, to be delivered by Housing Choices Tasmania.

North

  • Westbury - 20 two-bedroom units including 12 social homes and eight affordable rental homes, to be delivered by Homes Tasmania.
  • Ravenswood - 33 social homes including 17 x one-bedroom, 12 x two-bedroom, three x three-bedroom and one x four-bedroom units, to be delivered by Community Housing Limited.

South

  • West Moonah - 15 x social homes including 10 x two-bedroom and 5 x three-bedroom units, to be delivered by Homes Tasmania.
  • Glenorchy - nine social homes including four two-bedroom and five three-bedroom units, to be delivered by Loreto Community Housing.
  • Bridgewater - one x two-bedroom social home, to be delivered by Loreto Community Housing.
  • New Town - 22 social homes including 12 x one-bedroom and 12 x two-bedroom units, to be delivered by Loreto Community Housing.

Statewide

  • Various locations statewide to deliver 25 social homes consisting of a mix of three-, four- and five-bedroom homes to meet the needs of larger families.