ABOUT CLOVERLEAF
Our Mission
Provide affordable Community Housing
Our mission is make housing more equitable for vulnerable Australians:
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Australian housing affordability has declined significantly since the early 1980s. Since 1980, capital city house prices have risen 11-fold, while the price of everything else has risen by about 4.7 times. The ratio of average house prices to average household disposable income has more than doubled over the last thirty years from around 3 times to around 6.5 times.
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The University of NSW estimates the unmet social housing need in Australia is 437,000 dwellings while the unmet affordable housing need is 213,000. And as a by-product of COVID, many low-income Australians have had to move away from the suburbs and towns they've called home all their lives.
Helping Decarbonise Housing
Residential buildings in Australia are responsible for approximately 10% of the nation's total carbon emissions and account for around 24% of overall electricity use.
Cloverleaf helps our Community Housing Partners efficiently fund the installation and operation and maintenance of solar panels and batteries, which also typically deliver significant cost savings to tenants.
WHY CLOVERLEAF
Combining over 100 years of experience funding social infrastructure and renewable energy assets in Australia and abroad.
We focus on community housing and energy transition because we care about building fair, sustainable communities which residents take pride in.
For Purpose, For Profit
Cloverleaf is a for purpose, for profit organisation, full of energy and commitment, and driven by a shared drive to make an impact in Community Housing and Australia's Energy Transition
Cloverleaf combines over 100 years of community housing, infrastructure and energy transition experience through its leadership team and advisory board
Cloverleaf was founded in August 2022 by Sean Nunan. Sean was motivated to establish a for purpose, for profit funder of community housing and energy transition serving community housing tenants after his employer at the time withdrew from a consortium seeking to build 28 mental health facilities. Sean saw the the community housing sectors vital need for financial support and long term project finance and related structuring skills were essential to successfully delivering projects.
Cloverleaf focuses on two two areas Sean was responsible for whilst working at his previous employer: community housing and behind the meter energy transition.
ORIGIN STORY
