Help Older Women in Cohousing [WINC] Prevent Homelessness
Matrix Guild auspices Older Women In Cohousing [WINC]. We have an active fundraiser to assist WINC ‘Middle Women’ into secure housing. If you require a tax-deductible receipt for a donation to the Middle Women Housing Fund [MWHF], you can donate to us through this link:
WINC now has a Planning Permit for 31 small, private homes in Castlemaine, Victoria. There will be extensive common facilities to provide a perfect balance of private and shared spaces. The community will include 21 women who will fund themselves, 5 social housing tenants, and 5 ‘middle women’ who need your help.
‘Middle women’ have some assets (~$250k) – making them ineligible for social housing – but they don’t have enough financial means to secure a permanent home outright. They are also considered too old to access commercial financing to buy a home. As a result, these middle women are likely to spend their limited savings on high rent and end up becoming homeless in a few years’ time.
WINC has created a $1.5 million Middle Women Housing Fund (MWHF) specifically targeted at providing shared equity to enable these low-income middle women to buy into the WINC community, preventing their future homelessness. With your donations, the MWHF will co-purchase with 5 middle women now and will also help future middle women. As these homes change hands, the MWHF will re-use your donation to assist future middle women co-own their homes. Your donation will thus have a long-lasting impact. Please help us PREVENT these middle women sliding into homelessness.