Under HomeShare, the Tasmanian Government will share up to 25% of the cost of a home. The Director of Housing retains ownership of the Tasmanian Government share for up to 15 years, allowing the home owners to benefit from a lower initial purchase price and lower loan repayments.
HomeShare buyers will also receive a $500 contribution from the Tasmanian Government towards legal costs associated with the purchase of their home.
For further information visit the HomeShare website:
http://www.dhhs.tas.gov.au/services/channels/abouthousing/housing_options/homeshare
Streets Ahead
The Streets Ahead program assists eligible homebuyers to purchase a property through deposit assistance of $6,000 and the contribution of up to a further $1,000 towards mortgage insurance and legal costs.
For further information visit the Streets Ahead website: http://www.dhhs.tas.gov.au/service_information/information/streets_ahead_incentive_program