19182 (2026). Hon Kieran McAnulty to the Minister of Housing

Written Question
Published date: 27 May 2026
19182 (2026). Hon Kieran McAnulty to the Minister of Housing: What advice, if any, did the Minister of Housing receive on the expected reduction in Community Housing Provider cost of finance arising from the provision of a Financier Direct Deed on Build to Own Income-related Rent Subsidy projects?
Hon Chris Bishop: I am advised that the three Income-Related Rent Subsidy contract changes on their own, including the provision of a Financier Direct Deed on Build to Own projects, were designed to remove some uncertainty for financiers and improve project confidence, rather than directly improve the cost of finance. The changes were implemented alongside other interventions as a complementary package to improve finance for social housing.