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Housing Acceleration Fund

The HAF, managed by the NSW Department of Planning and Environment, was established in 2012 with $875 million in funding from the NSW Government to deliver critical enabling infrastructure to stimulate and accelerate housing development in NSW.

 

As part of the government’s recently announced plan to improve housing affordability, the HAF has received an additional $1.6 billion in funding from Restart NSW and the State Capital Program to continue to accelerate housing supply.

By working collaboratively with key government stakeholders, local councils and private industry the HAF has provided $528 million of funding to 27 projects, contributing to the steady increase in housing supply in NSW since 2012, including a record 60,000 homes completed in 2016.

16 of these key infrastructure projects have been completed, creating new opportunities for housing through upgrades to roads in South West priority growth areas including Camden Valley Way and Richmond Road in Western Sydney.

The HAF has also contributed to critical water supply and drainage projects for growth in the Hunter, the North Coast and Sydney and power supply projects in Western Sydney.

Page last updated: 18/08/2017