Snow Foundation and Head Start Homes enter into a major funding agreement
Home ownership will become a reality for more vulnerable people, thanks to the generosity of The Snow Foundation, which has provided Head Start Homes with a grant of $200,000 over the next two years.
Stephen Woodlands, Founder and Managing Director for Head Start Homes
Head Start Homes (HSH) Founder and Managing Director, Stephen Woodlands, said the funds would go towards supporting clients on their home ownership journey.
“Our vision is for a safe and stable home for everyone with fair and practical pathways to home ownership,” he said.
“This very generous support from The Snow Foundation means we can help even more lower income families in need with our Empowerment Products and Services so that they can achieve their homeownership dreams and exit rental accommodation.”
“We are incredibly grateful to The Snow Foundation, who are now considered one of our Platinum Partners.”
Georgina Byron AM, Chief Executive Officer, The Snow Foundation
Snow Foundation Chief Executive Officer, Georgina Byron AM, said she looked forward to working with Head Start Homes on their shared objectives, and overcoming obstacles together.
“Head Start Homes encourages and enables people in social and affordable housing to work towards owning their own home - something that many of them may never have considered possible,” she said.
“Already, thanks to this excellent initiative, six families have been able to purchase their own home, and the first two loan guarantees have been recycled for the next families.”
About Head Start Homes
With our vision for a safe and stable home for everyone with fair and practical pathways to home ownership, we are advancing a more equitable home ownership system by disrupting homelessness, intergenerational poverty and cycles of disadvantage.
We achieve this by providing innovative products and services that empower our clients to achieve their home ownership dreams and exit rental accommodation. To be eligible, clients must meet income thresholds or live in social or affordable housing. Most of our clients are single mothers, First Nations Peoples, or households with a disability.
With the support of more than 100 businesses, government agencies and charities, we foster innovation and collaboration to achieve our vision. We are accredited as a not-for-profit, tax-exempt community service organisation.
About The Snow Foundation
The Snow Foundation is a family foundation that works in partnership with social purpose organisations to create opportunities and strengthen resilience for a more caring and inclusive community where everyone can thrive. Started in 1991 in Canberra, it supports the Canberra community, NSW South Coast and Sydney, as well as advocating for systems change on a few key social justice issues and supporting social entrepreneurs nationally. For more information visit www.snowfoundation.org.au.
