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ACT's New Housing Program: Build-to-Rent-to-Buy for Single Women
Build-to-Rent-to-Buy Program in ACT: A New Opportunity for Single Working Women to Own a HomeThe Australian Capital Territory introduces a novel housing program, targeting single working women aged 25-45 with incomes of at least $80,000. This build-to-rent-to-buy scheme, managed by CHC Australia, offers reduced rent for 22 units, allowing participants to save for a down payment. The YWCA, a womens association, plans to encourage staff to apply, as many face challenges in home ownership due to modest incomes and bank hurdles. The program aims to create a safer path to home ownership and is expected to serve as a model for future housing initiatives.
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By The Daily News Now!Build-to-Rent-to-Buy Program in ACT: A New Opportunity for Single Working Women to Own a HomeThe Australian Capital Territory introduces a novel housing program, targeting single working women aged 25-45 with incomes of at least $80,000. This build-to-rent-to-buy scheme, managed by CHC Australia, offers reduced rent for 22 units, allowing participants to save for a down payment. The YWCA, a womens association, plans to encourage staff to apply, as many face challenges in home ownership due to modest incomes and bank hurdles. The program aims to create a safer path to home ownership and is expected to serve as a model for future housing initiatives.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.