Bendigo and Adelaide Bank : to help NSW single parents, older singles and key workers buy their own home

Adelaide Bank and Bendigo will participate in NSW's Shared equity Home Buyer Helper. This program helps make home ownership more affordable for first-time home buyers, single parents, and older singles. In exchange for an equal share of the property, the NSW Government will contribute a portion of the property's purchase price. Mr Richard Fennell is the Chief Customer Officer at Adelaide Bank for Consumer Banking. He said that it was part of the Bank's DNA help Australians achieve their dream of owning a home. Mr Fennell stated that Adelaide Bank and Bendigo Bank are there to support the success of their customers and the communities in which they live and work. We're happy to help first-time homebuyers get that foot on the ground in purchasing their first home. Mr Fennell stated that home ownership is a key enabler for both financial and community security. He added, "We are proud lending partners to the Victorian Homebuyer Fund (Federal Home Guarantee Schemes)". The Shared Equity Home Buyer Assistance is available to single parents with children aged under 18, 50-years old, and first home buyer key workers such as nurses, midwives or paramedics, teachers, police officers, teachers, and early childhood educators. Adelaide Bank and Bendigo have helped 90 Victorians get into their homes through the Victorian Homebuyer Fund. 1997 across Australia has been assisted by the Federal Home Guarantee Schemes. The Bank anticipates a similar level in NSW interest and is excited about the chance to make home ownership more affordable. These funds were distributed to arts, culture, education, sport and recreation projects. There are six branches of the Bank, as well as 45 Community Banks across NSW. These banks employ 717 people.