{"id":32264,"date":"2021-05-09T09:31:15","date_gmt":"2021-05-08T21:31:15","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32264"},"modified":"2021-05-09T09:31:15","modified_gmt":"2021-05-08T21:31:15","slug":"who-will-get-huge-budget-cash-boost","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/who-will-get-huge-budget-cash-boost\/","title":{"rendered":"Who will get huge budget cash boost"},"content":{"rendered":"

PHOTO: Single parent households traditionally have lower home ownership rates than other household types.<\/strong><\/p>\n

Single parents to get huge boost in Federal Budget.<\/a><\/p>\n

An often neglected group of Aussies will get a huge boost in the Federal Budget on Tuesday, allowing them to do something many didn\u2019t think was possible.<\/p>\n

Single parents will be backed to buy their own home with a deposit as modest as 2 per cent under a new housing program to be announced in Tuesday\u2019s budget.<\/p>\n

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The program, to be known as the Family Home Guarantee, is designed to help single mothers and fathers overcome one of the \u201cbiggest hurdles\u201d to achieving the dream of homeownership.<\/p>\n

The new Family Home Guarantee for single parents will support up to 10,000 single parents with dependants over four years, commencing 1 July 2021.<\/p>\n

But it will help not only first home buyers but also single parents attempting to re-enter the housing market after divorce and family breakdown.<\/p>\n

WE DON\u2019T ROAST OUR BEANS UNTIL WE HAVE YOUR ORDER<\/span><\/h3>\n

\"Fergs<\/a><\/p>\n

Like the existing First Home Loan Deposit Scheme<\/a>, it will be subject to property price caps that restrict the benefits based on the state where the single parents live.<\/p>\n<\/div>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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