The Community Housing Funding Agency is designed to unlock efficient finance at scale to support community housing providers to address New Zealand’s social and affordable housing deficit.
CHFA aggregates the finance requirements of leading CHPs and pools capital from investors to lower the overall borrowing costs of delivering long-term social and affordable housing to people on low and moderate incomes. This approach draws on proven international models.
We provided patient capital - debt and equity - to help establish CHFA with the right capital and liquidity. The team at CHFA are proven network builders who understand the problem and the solution, and we co-invested alongside other early supporters ahead of government commitment.
Number of CHPs financed or refinanced
Total finance advanced to CHPs