Women locked out of Australia’s housing market have been offered a new pathway into ownership in NSW, that has been designed specifically for those who need it most. The brutal extent of Australia’s housing insecurity has been spotlit in a new report, with findings that show almost two-thirds of homelessness services are turning away people they would have once helped, with some providers turning away as many people as they take in. Renters are now also bracing for the impact of the latest interest rate rise, an 18-year high of 4.85 per cent, that could see their payments continue to increase. The growing impact of housing affordability strain has prompted not-for-profit Global Sisters to help more women into home ownership. Little Green Houses is a new initiative they have created to help tackle Australia’s housing crisis by creating affordable, energy-efficient modular homes paired with accessible loans, designed to support women experiencing housing insecurity to build lasting financial security. Built with modular precast construction and designed for a 100-year structural life, the first pilot is being developed in Armidale, NSW, in collaboration with Armidale Regional Council...
Modular pilot homes launch to help women locked out of market
4 hours ago
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