Exciting milestone for UFN Developments! Moorebank Affordable Housing Backed by NSW Pre-sale Finance Guarantee
Through the NSW Government’s flagship $1B Pre-sale Finance Guarantee (PFG) program, half of the 58 new apartments in our Moorebank development have been backed by government pre-sale commitments, accelerating the delivery of 31 high-quality affordable homes for key workers, local professionals, and vibrant families in South West Sydney.
A huge thank you to the NSW Department of Planning, Housing and Infrastructure (DPHI), the Pre-sale Finance Guarantee (PFG) team, Minister Paul Scully, and the Minns Labor Government for their visionary support in unlocking housing supply and fast-tracking critical infrastructure and actively addressing the housing shortage in NSW.
Special thanks as well to our financing partner Westpac and our outstanding legal and advisory teams at Blackstone Waterhouse and K&L Gates for making this milestone possible. At UFN, we remain deeply committed to building high-quality, sustainable communities that empower local families, key workers, and young Australians.
On-site construction is progressing rapidly, and we would also like to extend our sincere appreciation to our dedicated builder, PCG, for their exceptional support and hard work on the ground. We are proud to play our part in boosting housing supply and look forward to delivering these fantastic homes!
Read the full NSW Government ministerial release here:
Project website: https://moorebank.ufn.com.au/