New scheme for potential home owners in the Illawarra

December 4, 2023 9:21 am in by
L Maule, CC BY-SA 4.0 , via Wikimedia Commons

The federal government has launched a scheme, to help eligible low and middle-income earners and renters, looking to buy a home in the Illawarra.

The ‘Help to Buy’ legislation introduced in Parliament, is a shared equity scheme, which will assist 40,000 Australian households, said Whitlam MP Stephen Jones.

It’ll be the first national shared equity scheme of its kind and delivered through Housing Australia.

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