December 2025 - For Purpose Aged Care Australia officially opened South Grafton Community Aged Care on 1 December 2025, bringing 144 new residential aged care beds to the Clarence Valley region. This is the fourth new home For Purpose Aged Care Australia has opened in 2025 – yet it is one of the few new aged care facilities opening in regional Australia this year.
The sector added just 800 net new beds nationally in 2024-25 – a 60 per cent drop from the previous year – while around 5,000 additional residents enter care annually. Before the opening of South Grafton, For Purpose Aged Care contributed approximately 450 of the new beds delivered during FY25, representing 15 per cent of total new capacity nationally and 25 per cent of all new homes built.
"We are building much-needed new beds to support the people of Grafton and surrounding areas," said Group CEO Matthew Filocamo. "Many regional communities across Australia are underserved by aged care, have an ageing population, and need quality care that supports people to celebrate their later years. We are focused on strong outcomes and delivering care for olderAustralians and job opportunities for regional care professionals."
TheSouth Grafton site is expected to be fully occupied by July 2026. Around 40residents will be transferring from Catholic Healthcare's St Francis facility, which is closing. We are pleased to be able to support all of those residents giving them certainty and also a significantly higher standard of accommodation. The single-storey home features 144 beds in spacious single rooms and rooms for couples, 24/7 nursing support, a secure dementia care wing, on-site doctor's rooms and the latest 4D radar detection systems.
"We have been overwhelmed by the welcome from the community — whether through employment enquiries, interest in moving in, or partnerships with allied health colleagues and the local hospital. South Grafton Community Aged Care is a welcome addition to the community."
For Purpose Aged Care is a not-for-profit backed by social impact investment fund manager For Purpose Investment Partners, with institutional support from Qantas Super (now Australian Retirement Trust) and Australian Ethical and aligns financial sustainability with measurable social outcomes.
For Purpose Aged Care operates more than 2,150 beds nationally with a further 600 currently in development.
ENDS
For Purpose Investment Partners (FPIP) has financed its fifth operational Specialist Disability Accommodation (SDA) home with BlueCHP in South Nowra, marking a milestone as our first property under the NDIS Appendix H framework.
Michelle Northcote, National Manager of Disability Housing said "Our BlueCHP NSW team visited South Nowra to proudly hand over the keys to Tammy and her family. As BlueCHP's first SDA home under Appendix H, this was certainly a special milestone."
The home enables Tammy, who needs daily care supports, to live with her family members - who do not require disability support – a simple arrangement that was not possible under previous SDA rules.
What is Appendix H?
Appendix H is a pricing arrangement introduced in the 2023-24 NDIS SDA rules that allows eligible participants to live with family members who aren't SDA-eligible.
Before Appendix H: SDA participants could only live alone or with other SDA-eligible residents, forcing families to separate.
With Appendix H: Participants receive adjusted funding to live with their partners, children or other family members in the same home.
Why it matters: Families stay together. Participants get the specialised housing they need.
BlueCHP’s unique participant-led approach works with NDIS participants to provide housing that is tailored to individual needs and provides long-term stability. This approach minimises vacancy risk and ensures homes meet specific requirements from day one.
The South Nowra property exemplifies this strategy. Backed by FPIP financing, BlueCHP worked to create a home tailored to Tammy's needs while keeping her family unit intact. The home sits in an established neighbourhood with strong community infrastructure
"Our investment strategy prioritises houses and villas in established locations with good amenity and access," explains Tim Shaw, Executive Director at FPIP. "For many tenants like Tammy and her family, these become forever homes. Delivering our first Appendix H home is an exciting milestone for all of those involves as we are supporting the family to live together.”
Together, FPIP and BlueCHP have a robust development pipeline supporting delivery of new SDA homes across eastern states. FPIP prioritises tenant-led, quality low-rise homes developed and managed with proven ethical partners. Our SDA platform exists to contribute to addressing the critical needs of over 9,800 NDIS participants awaiting suitable housing. Each SDA home we deliver is providing peace of mind for participants living with disability, their families and loved ones – we are delivering sustainable returns anchored in real social impact.
For Tammy and her family, it means something simpler: they are home, together.
Wednesday 24 September 2025 - Leading Australian impact investment manager For Purpose Investment Partners (FPIP) launched its third annual Impact Report with a panel discussion hosted by Michael Traill AM and featuring Allegra Spender MP Member for Wentworth, Ludovic Theau Chief Investment Officer at Australian Ethical Investments and Lin Hatfield Dodds, respected social and public policy leader.
Held at Yirranma Place Darlinghurst, the discussion 'Social Impact, Productivity & Capitalism 2.0: Are We Making Progress?' covered wide-ranging topics about FPIP's core offering, the 'S' in ESG and insights about economic productivity with a focus on social outcomes to ensure Australians can flourish.
Allegra Spender MP called for tangible results, reflecting on social sector outcomes: "People want to see outcomes that matter for people on the ground, in aged care, disability support – that's what matters to people and to politicians." From her recent participation in the Treasurer's Economic Reform Roundtable, she identified key barriers in the sector, saying "We need to address the barriers for super funds to invest into areas with good financial returns and social outcomes at scale, in a way that is going to be driving productivity and sustainability for this country."
Lin Hatfield Dodds focused on people's needs, reminding the audience that productivity is a systems concept and "the purpose of human services and social policy is human flourishing - we need to stay laser focused on purpose." She explained that "Service delivery should be focused on every person's human needs to connect, contribute, belong and be valued. People are our greatest asset, and we forget that at our peril."
Hatfield Dodds championed collaboration: "Good leaders recognise the importance of better together - that we can deliver greater public value by working together."
Ludovic Theau described Australian Ethical's commitment and leadership in ESG as being driven by convictions. "Our Ethical Charter forces us to innovate and value social success, we do emphasise performance and our partnership with FPIP is part of our work to nurture this ecosystem."
FPIP is demonstrating leadership in the Australian impact investment ecosystem through its transparent impact reporting. The latest report shares meaningful metrics, tracked over time and benchmarked against external indicators where possible. This approach, combined with insights and case studies from people across the portfolio who are accessing or delivering the services is a powerful demonstration of purpose.
The report is available here.
For Purpose Investment Partners is providing ~$7m financing, delivering peace of mind for eight NDIS participants and their families on Sydney's northern beaches
19 August 2025 - For Purpose Investment Partners (FPIP) has provided ~$7m in long-term mezzanine debt financing to support eight NDIS participants in their 'forever homes' at the Beacon Hill Disability Housing project on Sydney's northern beaches.
The financing follows the successful repayment of the project's $4 million construction debt and ensures the continued provision of safe, secure and purpose-built accommodation for residents with high support needs. The pilot project, established in partnership with the Sustainable Development Group (SDG) and Sydney Anglican Property, was completed in late 2024. Together, we transformed underutilised church-owned land into vital social housing infrastructure by providing Specialist Disability Accommodation (SDA).
"This long-term financing provides stability and certainty for the eight residents who call this place home," said Tim Shaw, Executive Director of FPIP. "Our partnership with Sydney Anglican Property shows how shared values and patient capital can create meaningful social impact. We're establishing a financial foundation that enables these residents to flourish in their community with the comprehensive support they deserve."
The Beacon Hill project exemplifies how purpose-driven investment can address critical housing shortages while supporting vulnerable Australians. The development provides high-quality, accessible homes designed for people with disability support needs.
"The Anglican Church is committed to using our land assets to serve the community and support those most in need," said Ross Jones, CEO of Sydney Anglican Property. "This partnership with FPIP has transformed unused church land into a lasting social asset that provides secure, dignified housing for the tenants. The successful refinancing ensures these residents have the certainty of a permanent home, while their families have peace of mind knowing their loved ones are well-supported.”
Evolve Housing manages the SDA property, while Fighting Chance provides Supported Independent Living (SIL) services. Together, they deliver comprehensive support that enables tenants to live independently in their community.
The project builds on FPIP's impact investment approach to drive sustainable financial returns alongside measurable social outcomes. We continue to work with mission-aligned partners to expand access to quality housing across Australia, including SDA and Social and Affordable Housing.
For Purpose Investment Partners acknowledges and pays respect to the past and present Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander people.
We believe that diversity, equity and inclusion at For Purpose Investment Partners are critical in our efforts to create significant social impact. Diversity in the team allows us to better represent the diversity of thought and experiences of the communities that we are aiming to serve, promotes a healthy and thriving working environment, and delivers innovative and sustainable outcomes for our communities, our people, our investors and our partners.
