Potential borrowers from the Affordable Housing Bond Aggregator (AHBA) can now complete the Expression of Interest forms online to start the process.
To help the National Housing Finance Investment Corporation (NHFIC) assess eligibility for AHBA loans, the EOI form asks for some basic information about your community housing organisation, and some details of the amount you may be interested in borrowing; how you plan to use the funds (eg refinance, construction), what security you are offering, and so on.
Note: the EOI form is NOT a formal application for a loan. Only if the EOI is assessed as suitable to proceed will you be asked to submit a loan application.
After the form has been submitted and assessed, the NHFIC will assign a relationship manager to shepherd each community housing organisation through the process. Pacific Capital Partners have been appointed to assist CHOs with the loan origination process, and the NHFIC also has its own in-house originator.
Head over to the NHFIC website to have a look at the EOI form, the Bond Aggregator Guidelines and the FAQs.
If you want more information, pick up the phone to Pacific Capital (02) 8222 8500 or email or call the NHFIC on 1800 549 767.