Public housing tenants can now apply to purchase their existing home under the ACT Government’s new‘ Shared Equity Scheme’. One of Australia’s largest building societies IMB Limited will provide first mortgage finance to tenants purchasing their properties under the scheme. Tenants who are unable to afford to buy the full value of their home can buy a percentage of it. Housing ACT will retain the remaining percentage until it is also purchased by the tenant.

Information sessions:

When: Monday 17 May 2010 (from 6.30pm – 8.00pm)
Where: The Tuggeranong Library, Cowlishaw Street Tuggeranong

When: Tuesday 18 May 2010 (from 6.30pm – 8.00pm)
Where: The Riley Hall, Pilgrim House 69 Northbourne Ave Canberra City

For further information interested tenants can contact Housing ACT on 6207 4529.

 

Currong Apartments (source: Flikr - Paddington62)

PUBLIC INFORMATION SESSIONS

The Department of Disability Housing and Community Services (DHCS) would like to invite interested members of the community to an information session on a planning study into the potential redevelopment of land in Braddon and Reid.
The land in Braddon is currently occupied by Currong Apartments, Allawah Court and buildings owned by the Catholic Church. The land in Reid is currently occupied by Bega Court.

The planning study is in response to the ACT Government’s initiative to prepare a draft Master plan and develop a Territory Plan variation for the land so that a decision can be made on whether to proceed with the development.
The planning study which commenced in March 2010, is the first step towards determining whether the redevelopment will go ahead in the future.

Representatives of DHCS and the consultants will be available to talk with local community members and business owners at the following sessions:

When: Monday 19 April 2010, 4:30pm to 6:00pm
Where: The Bogong Theatre, Gorman House, Ainslie Avenue, Braddon

When: Tuesday 20 April 2010, 4:30pm to 6:00pm
Where: The Bogong Theatre, Gorman House, Ainslie Avenue, Braddon

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The NCCC, Watson Community Association, Friends of Mount Majura, The Conservation Council ACT Region and the Village Building Company have signed a deed of agreement to minimise environmental and traffic impacts associated with The Fair residential development on the Australian Heritage Village site in north Watson.
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Village Building Company CEO Bob Winnel and general manager Hans Sommer at the Australian Heritage Village site. The development will now go ahead without delay following an agreement with local community groups. (Picture: Elesa Lee)

Both the Canberra Times and the City Chronicle have run articles outlining some of the concerns raised in the deed of agreement that has been entered in for the Australian Heritage Village site redevelopment. These articles have been reproduced below:

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Did you know the ACT Government offers a range of assistance to prospective home buyers in the ACT?

To find out if you are eligible for a first home owner grant, stamp duty concession or an affordable house and land package visit www.actaffordablehousing.com.au

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