Property Now Issue #8

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Homes for Homes and PEXA – a partnership to tackle homelessness By Isabelle Harris

Homelessness in Australia is on the rise. In 2016, the ABS census reported that there were more than 116,000 people without a home, up from approximately 102,500 in 2011. Notably, the highest rise in people experiencing homelessness was recorded in those between the ages of 25 to 34. Homelessness can stem from many factors, including family violence, financial difficulties or inadequate supply of affordable dwellings. Homelessness is not always sleeping rough, but also includes dwellings that lack security or safety, are unstable, or

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lack privacy and the ability to control the living space. In an effort to address this nationwide issue, Homes for Homes and PEXA have announced a new funding partnership in a targeted effort to help end homelessness in Australia. The partnership will see PEXA contribute at least $250,000 in funding to Homes for Homes across two years via a national grant disbursement program.


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