The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.S.137 Shared equity housing

Usage

This definition applies to all payments.

Definition

Some organisations provide accommodation for certain disadvantaged groups such as the elderly or physically or mentally disabled, on a shared equity basis.

Shared equity housing occurs when a person purchases a right to reside in supported accommodation by purchasing shares in a company.

Shared equity housing as a retirement village

Shared equity housing is included under the special residence provisions and are assessed in the same way as retirement villages.

Policy reference: SS Guide 4.6.4.10 General provisions for special residences

Last reviewed: 1 July 2022

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