The Housing Australia Future Fund (HAFF) is a fund established in Australia by the Albanese government. It is managed by the Future Fund, with interest generated going to social and affordable housing. In 2025, the HAFF had a capitalisation of A$10 billion.
Purpose.
The fund was established to fund social housing and affordable housing. As of 2025, the fund approves approximately 900 houses on average.
Establishment.
The legislation to establish the fund had been delayed for months in the Senate due to opposition from the Coalition and the Greens. Labor had threatened to call a double dissolution election.
The fund was established on 1 November 2023.
Funding rounds.
In January 2024, the fund opened the first round of applications.
In December 2024, the fund opened the second round of applications.
Rate of return.
As of 2025, the fund has a rate of return more than twice its originally projected rate of return.