“Instead of relying on council borrowing, the Infrastructure Funding and Financing Act allows infrastructure to be financed by private investors and repaid over time through levies on the properties that directly benefit from the infrastructure. That will give developers greater certainty, reduce delays and help get more infrastructure projects underway.” “With these improvements, the Infrastructure Funding and Financing Act is now a much more practical option for councils, developers and infrastructure providers looking to get infrastructure projects off the ground. Notes:National Infrastructure Funding and Financing (NIFF) can be contacted by potential proponents to assess whether the Infrastructure Funding and Financing Act may be suitable for their project in the first instance. Further information on Pillar Three of the Going for Housing Growth programme can be found on the Beehive Website.