- The ACT Government has welcomed the announcement by Community CPS Australia that it will embrace the ACT Government’s nation-leading Land Rent Scheme.
The scheme, which allows those on modest incomes to get a foot in the door of home ownership by renting the land component of a house-and-land package, will make the dream of home ownership a reality for more young Canberra families.
“It is fantastic news that Community CPS Australia, after a rigorous examination of this new lending product, has today formally announced that it will partner with the ACT Government in extending the dream of home ownership to Canberrans on modest incomes,” Chief Minister Jon Stanhope said today.
With operations in the ACT, South Australia, Western Australia and New South Wales, Community CPS Australia is one of the country’s largest and most influential credit unions, with 175,000 members, 37 branches and 530 employees.
So there we go.