EquityStart Loan

Are you a public housing tenant looking to break the rent cycle and own your own home? HomeStart may have the solution with our EquityStart Loan.

What benefits does the EquityStart Loan provide?

The EquityStart Loan was developed by HomeStart in conjunction with the State Government of South Australia to provide public housing tenants with a head start to owning their own home.

This loan was the first of its kind to provide tenants of the Office of Aboriginal Housing, Housing SA and South Australian Community Housing Authority with the opportunity to put an end to the rent cycle and move into affordable home ownership.

EquityStart is a subsidised loan of up to $50,000 and once combined with a HomeStart Loan could be the extra top up that you need to increase your home buying power, without adding to your repayment burden.

Am I eligible?

To be eligible for EquityStart, at least one applicant must be the current primary leaseholder in public housing accommodation.

Please note that EquityStart is subject to funding availability, and you may be required to go onto a waiting list before you can buy a home with this loan.

Tell me more

Terms, conditions and eligibility criteria apply. Fees and charges are payable.