• Homes for Homes opens funding round

    2019-06-25

    Homes for Homes opens funding round

    Homes for Homes has opened a funding round for social and affordable housing projects, with up to $300,000 available in the ACT and up to $140,000 available in Victoria.

    From Tuesday 11 June, social and affordable housing providers in the ACT and Victoria can apply for funding.
    Homes for Homes CEO Steven Persson said the organisation would take a flexible approach to the projects it supports.  

    “Housing providers know who is experiencing homelessness and housing stress in their area of operation, and what their needs are,” Mr Persson said.

    “We are keen to fund high-impact projects and are open to all proposals from community housing providers and property developers. Any organisation that can create social and affordable housing is encouraged to apply.”

    This funding round marks the second time Homes for Homes has released funds in Victoria and the ACT.
    Last year, Homes for Homes awarded $500,000 to five organisations, supporting projects ranging from long-term accommodation for matched pairs of older women stuck in the unaffordable private rental market to a six-star energy rated home for a young family in housing stress.

    Mr Persson said: “Australia is facing a housing crisis, with almost 200,000 households on the waitlist for social housing. Thankfully there is a huge appetite to solve this problem.

    “With overwhelming support from developers, community, business and government, Homes for Homes is on track to generate over $1 billion over the next 30 years. This is a long-term generational solution that works.”
    Applications are open from now until 5 July 2019. Applications will be assessed by an expert, industry-based advisory group in both Victoria and the ACT.

    Recipients are expected to be announced later in the year. For more information, visit homesforhomes.org.au.
     
    About Homes for Homes
     
    Homes for Homes, established by The Big Issue, tackles Australia’s chronic shortage of 200,000 social and affordable homes by raising money through donations from property sales.
    Homeowners register with Homes for Homes, agreeing to donate 0.1 per cent of their property’s sale price to the initiative at the time of sale (for example, a $500,000 sale results in a $500 donation). 
     
     
    Once a house is registered with Homes for Homes, the legal mechanism stays on the property title, prompting a donation each time the property is sold in the future.  
    Under the Homes for Homes model, money raised in each state or territory will be used to support housing projects in that state or territory.  
     
    Ends
     
    Contact:
    Ellie Cooper, Media and Communications Coordinator
    ecooper@bigissue.org.au | 03 9663 4533 | 0418 124 190
     
    Louise Gray, Homes for Homes
    lgray@homesforhomes.org.au | 03 9663 4533 | 0412 004 569