According to the 2016 Census, there are 116,000 people whoare sleeping homeless every night across Australia, with another 1.5 millionpeople who are living in housing stress.
While there are many ways you can help, includingsupporting REIWAs Community REInvest program, did you know you can also donate0.1 per cent of the sale price of your home towards helping those in need?
³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s
³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s invite residential and commercial propertyowners to take part in a social initiative that will help to end homelessness.Its a simple promise, that when a home sells, 0.1 per cent of the sale pricewill be donated to ³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s.
³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s pool donations from West Australian sales, withthe funds granted to community housing providers who create social andaffordable housing for those in need.
For example, for a $750,000 home that is a donation of$750, which is tax deductible.
How does it work?
1. ³Ô¹ÏÍøÕ¾s registered
When a property is registered with ³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s, they willadd a caveat to the title as a reminder of your promise to donate when you decideto sell.
2. Properties sold
When the property is sold, it remains registered with ³Ô¹ÏÍøÕ¾s for³Ô¹ÏÍøÕ¾s, giving the new owner the opportunity to donate when they sell in future.
3. Funds donated
Through the settlement disbursement process, a tax deductibledonation of 0.1 per cent of the sale price is made to ³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s.
4. Money granted
Donations from WA sales are pooled and granted to WA housingproviders.
5. ³Ô¹ÏÍøÕ¾s built
The money raised through ³Ô¹ÏÍøÕ¾s for ³Ô¹ÏÍøÕ¾s is used to build socialand affordable housing to help end homelessness.
