Arial view of Australian homes
Lack of affordable and social housing is becoming Australia’s most significant social issue. We currently have a shortage of 170,000 affordable houses, over 100,000 Australians homeless every night, and 1.1 million people in housing stress. Now, homeowners have the opportunity to be part of the solution by signing up to Homes for Homes.
A growing problem.
Over the next 20 years, the shortage of affordable houses in Australia will increase to 600,000 houses due to a severe lack of funding for new housing projects.
Not having access to safe, secure and affordable housing significantly impacts on all areas of life and results in high social welfare costs.
The only way to address this significant issue is for all Australians to work together on a solution. We can do this with Homes for Homes.
A new solution.
Homeowners make a commitment to donate a tax deductible 0.1% of their property price to Homes for Homes at the time they sell. For example, a $400,000 property transaction would mean a $400 contribution. Funds raised through Homes for Homes will go towards funding new affordable and social houses.
With support from homeowners, Homes for Homes will drive significant long-term change to raise funds for affordable homes, ensuring that future generations have access to safe and secure accommodation.