The Fund will seek to acquire a portfolio of equity interests in high-quality, geographically diversified owner-occupied residential property located throughout Australia. The asset focus will be on residential real estate which will position the Fund to capture long term capital growth due to favourable long-term demand and supply drivers.

The equity contributions made by the Fund towards residential properties will be made for the benefit of Australian essential services workers seeking to purchase owner-occupied properties, enabling them to live closer to where they work, reducing stress and improving wellbeing and family stability.

Compelled by its mission to “deliver homeownership help to everyday heroes”,HOPE Housing is a not-for-profit enterprise that believes investors can bothcontribute to and benefit from the provision of a solution to the homeownershipaffordability problem in Australia.

By creating a shared equity partnership with essential workers, the HOPE Fundprovides returns that are driven by house price appreciation. It also delivers asignificant social dividend to the homeowners and the broader community,by enabling these workers to live closer to their place of employment.

HOPE Housing was founded in 2018. Since its establishment, a capable managementteam has successfully put in place the legal and operational aspects to make theFund investment-ready. Over the course of the past 12 months, catalytic investmentsfrom The Vincent Fairfax Family Foundation, Chatleigh Foundation, The ParamorFamily Foundation and other High Net Worth families, have enabled the Fund tohouse its first 22 essential workers via shared equity arrangements.

The organisation is overseen by a voluntary Advisory Board, comprising highlycredentialed people from the investment industry – from private equity, property,superannuation to funds management.