On Friday 18 August, we celebrated with recipients of the inaugural Ken Horsham Scholarship at an awards ceremony held at the ACT Legislative Assembly. The Scholarship provides funding for the pursuit of education.
CHC was joined by the honorable Suzanne Orr MLA and Mary Horsham, wife of the late Ken Horsham, in presenting the certificates.
The Ken Horsham Education Scholarship was an overwhelming success in its first year. Originally planned for two beneficiaries – upon receiving over 30 outstanding applications CHC selected ten deserving recipients.
Rachel from Crace was one of the recipients chosen for her eagerness to help others in the mental health field. Currently she is enrolled in a Diploma of Mental Health at the Canberra Institute of Technology, with hopes of furthering her education to a Bachelor of Nursing.
Another recipient, Samuel from Forde, is a CHC Apprentice House resident. As well as providing access to lower-cost accommodation while he completes his trade; this scholarship will help fund a new computer to fulfil his dreams of continuing his studies to a tertiary level as an electrical engineer.
CHC would further like to recognise Canary and Qais from Forde, Matthew from O’Connor, Amber from Macquarie, Briony from Bonner, Jessie from Lyons and Alexis, Gift and Jardene from Crace as our other recipients.
CHC has made it our goal to award the scholarship annually. During the presentation CEO Paul Kane said “our aim in launching this scholarship program is to encourage and support those within our tenancy community who wish to further themselves through study, this year and importantly each year after”.
Suzanne Orr MLA concluded the event by saying “I am sure each of you will make great use of this assistance provided to achieve your goals”.
CHC would like to wish the beneficiaries well with their studies.
CHC welcomed new homeowners with a Tree Planting Ceremony to mark the commencement of construction at a new development in Moncrieff.
ACT Minister for Housing Yvette Berry MLA and Member for Yerrabi Suzanne Orr joined CHC in welcoming some of the new owners of the first release of the CHC affordable housing development.
The Moncrieff development is an important milestone for CHC, the government and its purchasers, many of which are current CHC tenants.
CHC sits on an insightful pivot of the affordable housing market through working with a range of individuals and families.
CHC will deliver 35 affordable homes on the Moncrieff site under the ACT Government’s Land Rent Scheme. The standard Land Rent Scheme assists owners by requiring just 2% of the unimproved value at the start of construction. CHC has built on the Land Rent Scheme with the aim of helping alleviate some of the financial pressures experienced while building a home, which can include the cost of construction, existing accommodation, living costs as well as Land Rent Scheme payments.
At Moncrieff, CHC has retained the land rent payments until settlement, meaning the purchaser will not have to make progress payments while homes are under construction. This extra assistance means reducing upfront costs of owning a home allowing CHC tenants, and others needing affordable housing, to get a foothold in the market.
CHC takes pride in the delivery of any home that provides the opportunity to achieve home ownership, Moncrieff is something very special. Of the 20 properties in the first stage released, 40% of purchasers were CHC tenants.
Zac Kilani will be one of the first buyers to take up residence on the Moncrieff block. His wife and four daughters attended the ceremony and were all involved in helping to plant the Japanese Oak, which the young Kilani girls will be able to enjoy for many years to come.
“We have wanted to buy a home for a long time. When you own your own house, you can plan for the future and we are excited to be able to do just that,” says Mr. Zac Kilani. “I have a big family of four daughters, so it’s not easy to find a new house.”
“The cheapest property in Canberra was still unaffordable for someone in the range of my income and CHC solved that issue for us. We are so glad that it is happening. We cannot wait to live in our own home.”
Over the past 10 years, CHC has worked closely and collaboratively with the ACT Government to create innovative, sustainable and affordable homes for rental and sale. Currently, CHC manages 415 affordable rental properties and has developed and sold 273 affordable houses in the Canberra community.
With a strong pipeline of new dwellings over the next few years, many of which will be affordable homes for the community, CHC will continue to look for new ways to enhance the lives of its tenants and the wider Canberra community.