Community Housing Canberra, with funding from the ACT Government, has completed its first Build to Rent to Buy development in Strathnairn – the Ginninderry Women’s Housing Initiative. The scheme will help single working women move from renting to owning a home over ten years.
Ginninderry Women’s Housing Initiative comprises 22 townhouses across a mix of one-, two- and three-bedroom layouts. Over a ten-year period, participants pay affordable rent on secure housing within the scheme.
It is intended for residents to move from renting to owning the home within this timeframe, based on their projected savings. Women with low incomes are over‑represented among those needing social housing. Ginninderry Women’s Housing Initiative is designed to help single working women whose incomes are low but secure.
Despite having stable employment, this demographic has found it hard to enter the housing market. ACT Government funding, through the Affordable Housing Project Fund, helped make this new housing option possible.
It is part of a wider plan to increase housing supply across the ACT. The ACT Government has committed to enabling 30,000 new homes by the end of 2030. This includes 5,000 more public, community and affordable rental homes.
The Affordable Housing Project Fund supports similar developments, with a focus on helping people on lower incomes. The ACT Government is continuing to work with community housing providers to deliver more affordable homes. This includes releasing land and delivering programs to expand housing options.
