The Affordable Homes Program is for South Australian residents earning under $75k or $95K for couples (more for families) who do not currently own a home.
The program provides opportunities for eligible people to own a home without competing with higher income earners and investors.
We do this by offering properties for sale exclusively for a limited period at affordable prices to buyers who meet the income and eligibility criteria before they are offered to the rest of the market.
We also work with industry, local and federal government on reducing the barriers to home ownership that many people experience.
One of these barriers is overcome through innovative finance options such as Shared Value, which increases buying power without increasing the amount borrowed.