HomeShare scheme ‘useful’ but more to be done for housing affordability: Shelter Tasmania

The HomeShare initiative will continue to be spruiked by the state government in a new advertising campaign.

This is despite the fact the initiative was introduced by a Labor government in 2008.

The director can own up to 30 per cent of a given home under the scheme.

Human Services Minister Jacquie Petrusma said the new $30,000 HomeShare ad campaign was the result of a partnership with Bendigo and Adelaide Bank and Tassie Home Loans.

Peak housing body Shelter Tasmania stated that shared equity programs like HomeShare played “a useful role” in enabling low-income earners to break into the state’s housing market.

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