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Qld investors urged to sign up for tenancy program

16 NOV 2022 By Grace Ormsby 2 min read Investor Strategy

With 116 renters already having received housing through a new Queensland government initiative, more investors are now being urged to join the program.

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State Minister for Communities and Housing Leeanne Enoch said they are “calling on home owners across the state to help Queenslanders in need by putting forward an expression of interest to lease their property as part of Help to Home”.

The minister stated that being part of Help to Home would allow home owners to be part of the solution to the housing challenges facing our state.

“Help to Home is a great way for eligible Queensland home owners to lend a home and help out people in their community who need housing,” she said.

She outlined that expressions of interest are still open for vacant, stand-alone houses, and single or multi-unit properties that may be new to the market or not previously available for rent.

 
 

Short-term or holiday accommodation or a property that has previously been used for commercial purposes would also be considered for the scheme.

Since the program’s launch four months ago, 116 “vulnerable” individuals have accessed the program, with Ms Enoch considering it as “an encouraging sign” that sets the state up well to deliver more homes through the initiative.

The Help to Home scheme has been applauded by Mangrove Housing chief executive Teresa Reed for “its ability to generate supply in a very tight housing market”.

She believes the initiative “will improve the lives of some of the most marginalised members of our community”.

 

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Grace Ormsby

Grace Ormsby

AUTHOR

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

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