PEXA, Properties for Properties struggle homelessness

PEXA, in partnership with Properties for Properties, has contributed to a $300,000 grant to assist social and neighborhood housing initiatives in South Australia and the Australian Capital Territory.

This initiative marks the primary time Properties for Properties has granted funds in SA.

“We’re excited to increase our funding into South Australia for the primary time and assist the creation of a brand new social and inexpensive housing mission,” mentioned Steven Persson (pictured above), CEO of Properties for Properties.

Impactful contributions in SA and ACT

Marymead CatholicCare Canberra & Goulburn acquired $200,000 to develop transitional housing for people dealing with homelessness, youngsters transitioning out of foster care, and people needing incapacity respite.

Moreover, Frequent Fairness Housing South Australia was awarded $100,000 to construct 5 two-bedroom models for low-income aged singles and {couples}, permitting them to age in place.

“Properties for Properties is a whole-of-community strategy to one of the crucial important social points we face as a rustic,” Persson mentioned.

Continued efforts to finish homelessness

Since its inception, Properties for Properties has granted over $2 million to 22 initiatives throughout Australia, offering housing for greater than 300 individuals, together with survivors of home violence and people experiencing homelessness.

The organisation continues to drive neighborhood and authorities assist throughout Homelessness Week 2024, encouraging contributions to handle this urgent concern.

“We sit up for persevering with our work of offering protected, safe housing for all,” Persson mentioned.

How one can assist

Properties for Properties invitations householders, renters, and property professionals to affix the trigger by donating 0.1% of a property’s sale value or lease to fund future social housing initiatives.

Get the most well liked and freshest mortgage information delivered proper into your inbox. Subscribe now to our FREE day by day e-newsletter.