Labor’s $500,000 contribution will provide seed funding for the Homes for Homes national headquarters in Melbourne’s CBD, which will get the program up and running to provide affordable housing.
The Big Issue has already undertaken the business case and planning works for Homes for Homes, which will allow home-sellers to donate 0.1 per cent of the sale from their home to fund social housing across the country.
In Victoria, residential home sales data shows that people buy and sell their homes every seven years on average. The Big Issue estimates that Homes for Homes can tap into this to make a real difference.
Quotes attributable to Mr Wynne
“The Big Issue has a big idea – help homeowners make a meaningful difference in the lives of the homeless.”
“Victorians are generous people, digging deep for Royal Children’s Hospital Appeals or simply buying the Big Issue.”
Read more > Daniel Andrews and Victorian Labor Media Release