Key information
A financial grant that rewards eligible long-term AHO tenants with a higher rate of co-contribution
Status: open
Grant amount: up to $20,000
Eligibility
This grant is open to Aboriginal people who are in the process of buying a home. Applications open to social housing tenants.
To be eligible for the AHO Tenancy Plus Grant you must be an Aboriginal person who:
- has a maximum individual/ combined annual income of up to $200,000
- has saved at least $1,000 toward a deposit
- currently lives in NSW and is purchasing a property in NSW
- does not currently own residential property (with the exception of land)
- has not qualified for Indigenous Business Australia (IBA) Remote Indigenous Home Loan package.
The main applicant must be Aboriginal and take on at least 25% ownership of the property being purchased.
The AHO tenant must also have:
- been listed as head tenant for five years or more
- not had rental or water arrears over $500 within the last five years
- taken care of the property
- not had a negative result from the NSW Civil and Administrative Tribunal (NCAT)
- not been responsible for any confirmed anti-social behaviour incidents.
How the grant is processed
The AHO will process the grant into a solicitor's or conveyancer's trust account prior to settlement of the property, where it will be held in trust. On the day of settlement, the solicitor or conveyancer will use the money towards the value of the property. The amount of your deposit will be confirmed on exchange and the grant amount may be adjusted if the final deposit saved is lower than the amount quoted on the application form.
How to apply
For an application form, send us an email: [email protected].
