Future of Australia’s housing in hands of former local


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Former Griffith resident Nathan Dal Bon will be the first CEO of the federal government’s new National Housing Finance and Investment Corporation (NHFIC). The NHFIC’s is a federal government scheme aimed at the increasing the availability of affordable housing across the country. Mr Dal Bon was employed to help establish the NHFIC last year and was subsequently made CEO. The corporation was founded as part of the federal government’s reducing pressure on housing affordability plan. Related As the son of a Widgelli farming family, Mr Dal Bon said he attended all his school years in Griffith, beginning at Saint Patrick’s Catholic Primary School. For high school Mr Dal Bon studied at Marian Catholic College until Year 10 and then studied at Wade High School where he did his High School Certificate. Mr Dal Bon then studied an undergraduate degree in economics and a masters in public administration at the University Of Newcastle. He then finished another degree in public administration studying in the United States at the Harvard Kennedy School of Government in 2017. “It’s really exciting and very humbling I am very keen to promote an important policy objective for Australia,” Mr Dal Bon said. “NHFIC is a national program and coming from a regional area I do have an appreciation for centres like Griffith where there is scarce affordable housing.” Overall the NHFIC will be aimed at providing cheaper and longer tenants for community housing providers and granting funding for new infrastructure to help create new housing developments across Australia. To do this the NHFIC will fund capacity-building services for registered housing providers helping them develop their financial and management capability and undertake new developments. The NHFIC will also administer the National Housing Infrastructure Facility that will finance housing-related infrastructure such as roads, water and sewerage, electricity and gas. “The government does have a number of initiatives to promote housing but they often fall to the states, I think the NHFIC is another important and direct initiative to promote housing and will complement what the states are doing,” Mr Dal Bon said. “Ultimately (NHFIC support) is demand driven and depends on whether it fits the opportunity of local government, if there is an opportunity we will be willing to work with Griffith council,” Mr Dal Bon said. Mr Dal Bon also worked executive roles at the Commonwealth Treasury and the Departments of Industry, Innovation and Science and Foreign Affairs and Trade. While you’re with us, did you know that you can now receive updates straight to your inbox every Monday at 6am from The Area News? To make sure you’re up to date with all the Griffith and MIA news you can sign up here.

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Source link Finance News Australia

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