The Minns Labor Government is expanding its successful $1 billion Pre-sale Finance Guarantee program to better support affordable housing and smaller residential developments, particularly in regional areas.
Since opening in September 2025, the program has accelerated the delivery of more than 600 new homes across Sydney and regional NSW and inspired the adoption of similar programs in South Australia and Western Australia.
To make sure it continues to deliver great outcomes across all of NSW we've made updates guided by feedback from proponents, financiers and community housing providers.
We're further supporting affordable housing by:
- Expanding the program to support 100 per cent of affordable housing projects worth up to $30 million, delivered by not-for-profit community housing providers.
- Increasing the support available for affordable housing in larger projects up to $80 million.
This means more affordable housing sooner to support low-income workers, older people, people with a disability and those at risk of homelessness.
It will also help ease reliance on direct government cash grants or discounted loans which have traditionally been needed to bridge the finance gap and get these important affordable housing projects underway.
We're also delivering better support for smaller and regional housing projects by:
- Replacing the $5 million minimum with a requirement that projects include at least four homes.
- Increasing the support for smaller scale projects delivering fewer than 20 homes, enabling the program to guarantee up to 75 per cent of the homes in the project, capped at $30 million per project.
This will help both smaller and regional projects move from approval to construction sooner.
The Pre-sale Finance Guarantee continues to leverage the NSW Government's balance sheet, to bridge the gap to commercial finance and get homes under construction faster.
These changes will improve the program's flexibility and unlock a broader mix of homes in NSW so families, key workers, young people and downsizers can live in the communities they choose.
The Government will make sure that the expanded criteria does not impact the capacity of proposals already eligible for the guarantee to secure support.
The Pre-sale Finance Guarantee is part of the Minns Labor Government's broader housing delivery agenda, alongside landmark planning reforms, the NSW Housing Pattern Book and the largest rezoning program in the state's history.
For more information, or to apply, visit the Planning website.
Treasurer Daniel Mookhey said:
"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster.
"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."
Minister for Planning and Public Spaces Paul Scully said:
"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments.
"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most.
"The impact of the Pre-sale Finance Guarantee is now bigger than just NSW, the model helping deliver more homes across Australia as other state governments adopt similar programs."
Minister for Housing Rose Jackson said:
"We know community housing providers are ready to build more homes - too often they're held back by barriers to finance. Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner.
"This is about growing the community housing sector so it can work alongside Homes NSW to deliver the homes people need. More affordable homes means more people with a secure place to live and a better chance to put down roots in their community."
