The NSW government will roll out a ‘Pre-Sale Finance Guarantee’ to accelerate housing construction and help tackle the state’s housing supply challenges.
Part of the 2025/26 NSW Budget, under the five-year Pre-sale Finance Guarantee, the NSW Government will go guarantor on up to 50 per cent of units in approved housing projects.
The Government will guarantee residential pre-sales for up to $1 billion of housing projects at a time through a revolving fund.
The fund will provide between $5 million and $50 million in pre-sale guarantees for each project and is expected to be accepting applications by the end of 2025.
Developers with planning approval and initial pre-sales can apply for the Pre-sale Finance Guarantee, subject to approval from their commercial lender.