Contributing and Investing
The Housing Network is not-for-profit, building and managing long term community housing for low to moderate income families in the Hume Region of Victoria and beyond.
The Housing Network, in building new housing, is reliant upon the Victorian Government providing up to 75% of the capital funding for any one project. The remaining 25% is the leverage that The Housing Network must secure to complete each project.
To date The Housing Network has been able to realize its 25% contribution through:
- Bank borrowings
- Building Society borrowings, and
- Land contributions and long leases on land at peppercorn rents
The Housing Network is now carrying significant debt.
We have a critical undersupply of housing that is both available and affordable to households in the lowest 40% of the income quartile. Nationally this figure is in the order of 251,000 dwellings per annum.
Regionally we have the highest rate of homelessness outside of Metropolitan Melbourne. We need to be able to increase the supply of housing urgently.
You can help us to make a difference by:
- Contributing Land
- Leasing land to us at a nominal cost for a period
- Joining with us to build housing that is affordable in your community
- Donating money
- Contributing your time and expertise
- Making a bequest
- Annual sponsorship
If you have something to offer and are keen to become involved, please contact:
Catherine Upcher
CEO
Rural Housing Network Limited
82 High Street, Wodonga VIC 3690
Tel: +61 2 6055 9000
Mobile: 0417 429 805
Email: cupcher@rhnl.org.au