As at 29 October 2026, finance is one of the main barriers to factory-built housing, and governments are starting to address it. A home built offsite is paid for in stages before it reaches the land, which does not fit neatly with how construction loans are usually secured. This article sets out what governments have announced, for builders, developers and housing providers. It is a summary of public facts, not lending advice. Speak to your lender and adviser about your own project.
Tasmania: a draft finance guarantee
The Premier of Tasmania said on 19 August 2026 that the draft Modular Housing Finance Guarantee Bill 2026 backs construction loans for modular homes while they are built offsite. The guarantee shrinks as building progresses and ends once the homes are installed. Consultation closed on 4 September 2026. The Premier said on 16 August 2026 that the guarantee is planned in law for the fourth quarter of 2026 and is limited to accredited Tasmanian builders. Our page on the Tasmanian ModHomes finance guarantee covers the program in more depth.
National: the first NRF housing loan
AAP and the CBA Newsroom reported on 25 August 2026 that the National Reconstruction Fund’s first housing investment is a $120m loan to Built Living for a $220m factory at Neerabup in outer Perth. That is finance for factory capacity rather than for individual homes, but it shows a national lender treating housing manufacturing as a fundable sector.
Grants for manufacturers
- WA: a $49m Housing Innovation Fund for 15 local housing manufacturers (WA Government, 24 May 2026).
- NSW: grants opened on 29 June 2026, with the Housing Innovation in Construction Fund offering $20,000 to $150,000 for manufacturers and Housing Innovation Network Grants up to $250,000 for SMEs (NSW Government).
- National: Housing Australia Future Fund Round 3 opened on 30 January 2026 for the remaining 21,350 of 40,000 social and affordable homes due by 2029.
See our HAFF Round 3 page for how providers are approaching that round.
What it means for builders and developers
The direction is clear: governments are working on the gap between offsite progress and on-site security. Until each scheme is in force, builders should plan cash flow around the lender’s current rules, and ask early how the lender treats factory progress. Clear factory inspection records help any lender or guarantor see what has been built. Our feasibility before you buy the site page covers the checks to do before committing to land.
What EcoPrestige supplies
- Engineered structural steel volumetric modules, built and inspected in an offsite factory.
- Factory progress and inspection records your lender or quantity surveyor can review.
- A documentation pack for your consultants and certifier.
What does not fit
We do not give finance, lending or tax advice, and we cannot tell you whether a scheme applies to your project. In Tasmania, the guarantee is limited to accredited Tasmanian builders, so eligibility sits with the builder.
The approval path
EcoPrestige coordinates the module design with your consultants; permit drawings are issued by the registered or licensed practitioner the state requires. In Tasmania, permit drawings are issued by a licensed Tasmanian building designer, structural design is by a licensed engineer, and a licensed building surveyor certifies. Confirm with your building surveyor or certifier.
The programme
Factory and site work run in parallel, so time on site is shorter. That also shortens the period between installation and completion.
What to send us
- 1. The site, the use and the number of homes or rooms.
- 2. Your lender’s progress claim requirements, if known.
- 3. Any grant or program you are applying under.
- 4. Your target dates.
Government finance for modular: questions
What does Tasmania’s draft modular finance guarantee do?
The Premier of Tasmania said on 19 August 2026 that the draft Modular Housing Finance Guarantee Bill 2026 backs construction loans for modular homes while they are built offsite, shrinking as building progresses and ending once the homes are installed.
Who can use the Tasmanian guarantee?
The Premier of Tasmania said on 16 August 2026 that it is limited to accredited Tasmanian builders and is planned in law for the fourth quarter of 2026.
What was the National Reconstruction Fund’s first housing investment?
A $120m loan to Built Living for a $220m factory at Neerabup, reported by AAP and the CBA Newsroom on 25 August 2026.
Does EcoPrestige give finance advice?
No. EcoPrestige supplies modules and factory records. Speak to your lender and adviser about finance.
How is pricing given?
Supply price quoted for your site, once we have the use, the layout and the access.
Lining up finance for a modular project?
Send the site, the use and any drawings to prebuilt@ecoprestige.com.au or download our technical brochures.