Funding social and affordable housing across Australia | Pendal Group
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Funding social and affordable housing across Australia

June 05, 2026

Investment in Housing Australia bonds is helping unlock cheaper financing for much-needed housing projects.

  • Backing social housing where it’s needed most
  • Turning bond investments into real outcomes
  • Find out more about Pendal’s Responsible Investing capabilities 

Regnan Credit Impact Trust and Pendal Sustainable Australian Fixed Interest Fund continue to invest in social and sustainability bonds from Housing Australia.

These support the construction and growth of social and affordable housing across Australia by providing community housing providers access to cheaper financing.

Examples of the types of projects supported through these bonds include the delivery of 365 social and affordable housing units by Bridge Housing in NSW[1].

This includes properties in Glebe which target First Nations people on low to moderate incomes, Petersham and Leichardt for tenants who have previously been homeless, and South Granville and Westmead where there is a mix between social and affordable housing.

Another example is in Victoria through community housing provider Haven Home Safe, which is focused on the delivery of social housing through townhouses and apartments in Melbourne, Ballarat and Bendigo.

The target cohort for these 113 properties are over 55s[2], those requiring specialist disability accommodation, youth and women, and those at risk of homelessness.

Regnan Credit Impact Trust and Pendal Sustainable Australian Fixed Interest Fund continue to support the delivery of projects like this through investments in Housing Australia.

These projects have life changing consequences for people like Andy, who was sleeping in a friend’s car after becoming homeless.

After being placed in temporary accommodation for three months to develop a rental history, Andy was then connected with a case worker from a community housing provider of services to those who have been sleeping rough.

He was able to rent in one of the buildings that were part funded by Housing Australia bonds.

With the support of the community housing provider, Andy says “I have a lounge, I have nice clothes… my children are back in my life. I am happy to be here, and I wouldn’t have it any other way.”[3]


[1] https://bridgehousing.org.au/developments/

[2] https://havenhomesafe.org.au/about/what-we-do/

[3] Housing Australia Case Study, October 2024


Find out about

Pendal Sustainable
Australian Fixed Interest Fund

About George Bishay and Pendal

George Bishay is Pendal’s head of credit and sustainable strategies. George’s investment management career spans over 30 years with Pendal and its predecessor firms.

He has also worked across numerous fixed income, credit and money market portfolios in portfolio management, credit analysis and dealing roles for 27 years.

In 2019 George was awarded the Alpha Manager status by Money Management publisher FE fundinfo.

Find out more about Pendal’s fixed interest strategies here

Pendal is an Australia-based investment management business focused on delivering superior returns for our clients through active management.

Contact a Pendal key account manager here


This information has been prepared by Pendal Fund Services Limited (PFSL) ABN 13 161 249 332, AFSL 431426. PFSL is the responsible entity and issuer of units in the Regnan Credit Impact Trust ARSN: 638 304 220 and Pendal Sustainable Australian Fixed Interest Fund ARSN: 612 664 730 (Funds). It is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situations or needs. You should consider whether the information is suitable for your circumstances and we recommend that you seek professional advice.

It may contain information contributed or prepared by third parties. Any information contributed or prepared by third parties is believed to be accurate as at the time of compilation and is being provided in good faith without independent verification. PFSL does not warrant the accuracy or completeness of any information provided by a third party.

To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. The PDS for the Funds, issued by PFSL, should be considered before deciding whether to acquire or hold units in the Funds. The PDS and Target Market Determination for the Funds can be obtained by calling 1300 346 821 or visiting our website www.pendalgroup.com.

All investing involves risk including the possible loss of principal. No company in the Perpetual Group (Perpetual Group means Perpetual ABN 86 000 430 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital.

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