HA - HAFF growth and project distribution

Question

1. The budget papers appear to show the Housing Australia Future Fund has grown in size to $11.5 billion - is that correct? What is it forecast to grow to over the forward estimates? 2. Have you increased annual disbursements from the fund? What is the total yearly disbursement for the HAFF? 3. When do you anticipate announcing successful HAFF Round 3 projects? 4. Of the 12,188 dwellings you said are in the detailed application phase from phase 3, how many of those are located in the ACT? 5. How, if at all, do the eligibility rules for HAFF round 3 differ from those for HAFF round 1, and what are the reasons for (any) such changes? 6. What is the total number of (a) social and (b) affordable homes in HAFF-funded projects approved to date? 7. Across projects so far approved under the HAFF, how many dwellings relate to schemes where project proponents lack a track record in social/affordable housing management? 8. What safeguards are built into HAFF funding rules to prevent the extraction of equity from funded projects by for-profit entities at the end of Year 25? 9. What proportion of units in HAFF-funded schemes approved to date involve the commissioning and development of new housing as opposed to acquisition of newly-built homes? 10. Across HAFF projects approved for funding to date, what is the breakdown of funded units by jurisdiction and proponent? 11. Given that Australia's annual median household income (from ABS Household Income and Wealth statistics for 2022-23, uprated by CPI) will be around $70,000 in FY 2026-27, and bearing in mind that the maximum rent 'affordable' to a household on this income would be $404 per week, how many 'affordable housing' units funded under the HAFF to date will initially rent at a weekly rate in excess of this benchmark?