Lord Mayor’s Charitable Foundation was delighted to launch an affordable housing loan fund with Social Enterprise Finance Australia (SEFA) at the Inspiring Philanthropy Celebration event.
Homelessness in Australia has increased by eight per cent in the past five years, with almost 105,250 people living without safe and secure housing. In Melbourne more than 18,000 people are homeless and one in five households spend more than 30 per cent on housing. The new loan fund is an exciting project for the Foundation as it aims to increase the number of affordable homes in Victoria.
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