The last release of the National Rental Affordability Index showed that Adelaide is the second fastest growing unaffordable city in Australia when it comes to private rental.
A lack of housing affordability in the private rental market affects thousands of families who are finding themselves without enough money to manage their high electricity bills, feed their families and access other basic necessities.
To combat this, Cornerstone Housing is excited and pleased to announce that we are partnering with Shelter SA, the peak body for housing in South Australia. Shelter SA is launching Homes4Good – a housing program asking benevolent investors to lease their properties out at below market-rent to help those in need to find stable accommodation and step into the private rental market.
Cornerstone Housing will be responsible for the tenancy and property management of the Homes4Good dwellings.
This is still a new program, with both Cornerstone and Shelter SA seeking more landlords who are willing to participate in the program.
If you are interested in keeping updated with this initiative, visit www.homes4good.com.au for more information. We are committed to providing long-term affordable housing, and we look forward to providing successful outcomes for prospective home owners and tenants who participate in this program!