Giving older single women a chance to own a home

20 Jul 2017

Through the Mercy Foundation’s Grants to End Homelessness program, a grant was awarded to Women’s Property initiatives in Victoria to assist in running a pilot program that would help older single women to own their own home.

The model is a shared equity home ownership scheme between Women’s Property Initiatives (WPI), a registered housing provider and individual women over 55 years of age. The project helps prevent homelessness for women over 55 who are not eligible for social housing and have limited access to resources to sustain private rental housing into the future. It provides a permanent, appropriate and affordable housing ownership option for this group of women.

Read the ABC News story here.