ONE of the largest not-for-profit national Community Housing Providers in Australia, Evolve Housing, has launched a new for purpose real estate agency called.
Echo Realty will serve the growing demand for affordable housing solutions in NSW.
“Affordable housing is a significant issue in NSW and we need to work with the community and industry to find real solutions,” Speaking at the official launch last night, Member for Parramatta, Dr Geoff Lee MP, said.
“Most people agree we need to increase supply of affordable housing. I commend CEO Andrea Galloway and Evolve Housing for leading in innovation in this area. This new initiative demonstrates their dedication and commitment to driving better outcomes and to helping people achieve independence.” Lee said.
To help tackle this issue, Echo Realty will reinvest its profits back into growing the supply of affordable housing stock and support programs which empower disadvantaged individuals to reach greater independence.
CEO Andrea Galloway said often confused with social housing, affordable housing provides cheaper rental accommodation for low to moderate income earners.
“Affordable housing tenants are often key workers providing essential services to the public sector, but struggle to buy or rent on the wages they earn. A failure to provide homes that key workers can afford will lead to teachers, nurses and emergency service workers leaving our cities,” she added.
“Unlike traditional real estate agents whose sole objective is to generate profits, Echo Realty is uniquely positioned to do property differently. Our focus on creating thriving communities means we deliver high quality outcomes for the property owner, the tenant and the local community,” Galloway said.
Australian Property Journal
