New grant funding rounds announced to support social and affordable housing
Homes for Homes has granted $160,000 to support four social and affordable housing projects across New South Wales and Western Australia – with funds being distributed in these two states for the first time.
More than 116,000 Australians are homeless on any given night across the country, while another 1.5 million live in serious housing stress.
It’s a national crisis which PEXA, together with Homes for Homes, is working to address.
Give it forward
Homes for Homes is a simple promise that when a home sells, whenever that is, 0.1% of the sale price will be donated—helping build homes for those in need.
When there are sufficient funds raised, grant funding rounds are initiated, inviting applications from housing providers who can contribute to the delivery of social and affordable housing.
The Homes for Homes caveat process is seamlessly integrated into the PEXA Exchange platform, which processes the majority of settlements nationally, making it simple for consumers and their lawyers/conveyancers to facilitate.
PEXA is proud to have contributed $250,000 in grants over the past two years, with Homes for Homes also playing a key role in PEXA’s Giving Back program, providing teams with important connections into their local communities and generating impactful volunteering opportunities.
The successful projects in New South Wales were:
- $40,000 granted to Coffs Harbour Support Services to repair an underutilised property for people with a disability after extensive hail damage.
- $40,000 granted to Housing Trust to support the build of units for older women and women with children.
The successful projects in Western Australian were:
- $40,000 granted to Youth Futures for the build of a 6-bedroom property, to be used as short-term crisis accommodation for young people.
- $40,000 granted to YWCA to support the transformation of a property into apartments for older women, family violence survivors and women at risk of homelessness.
Homes for Homes’ Chief Executive Officer, Steven Persson said the new funding will create positive change to those experiencing disadvantage.
“Homes for Homes is a collaborative solution dedicated to helping to solve homelessness and creating affordable, safe and permanent housing for all. We are incredibly excited to be able to continue our purpose and provide funds to four new projects in brand new states and territories.
“Thanks to this grant round, over 190 people on the margins will experience secure housing. With the housing crisis worsening, it’s milestones like these that show the power of community and working together to solve this problem. We especially thank our community of generous donors, the property industry and PEXA for making this grant round happen.”
PEXA Group Managing Director and CEO Glenn King said this was a pleasing step forward, in line with PEXA’s role and vision for a more sustainable property eco-system.
“Our mission at PEXA is to connect people to place, and we are passionate about resolving one of Australia’s largest social issues – homelessness. Homes for Homes is an incredible partner, and PEXA is proud to play a role in extending its grant funding program to reach those most in need”.
Since launching in 2015, Homes for Homes is on track to raise in excess of $1 billion over 30 years.
You can find out more and register your property at homesforhomes.org.au.