A new affordable homes development in Ivanhoe will give older people on low incomes and people with disability desperately needed homes for life.
As Australia’s housing crisis grows, VMCH is stepping up to help meet the huge demand for secure and affordable homes, particularly for older people who struggle in the private rental market and want to age in place.
Trinity Lane by VMCH was officially launched on Friday 31 March with a blessing by Auxiliary Bishop of Melbourne, Most Reverend Martin Ashe. It includes 39 accessible and modern apartments for people aged over 55 who are on a low income, and people with disability.
VMCH offers affordable homes to 436 people in 21 communities across Victoria, but this is the first time the organisation has purpose-built an affordable homes development for intergenerational use.
“We’ve all witnessed the terrible reports on Australia’s housing crisis,” says VMCH Board Chairman Julien O’Connell AO. “Rents, interest rates and the cost of living continue to rise, and there’s simply not enough affordable housing stock to keep up with demand.
“Things are worse for the more marginalised and vulnerable in our community, and it’s simply not good enough that older people who have given so much to our society and deserve to live in comfort, are struggling to put a roof over their heads.”
Anglicare Australia reports that just 0.5% of rentals are affordable and suitable for a retiree on the Age Pension. And that 87% of renters surveyed say they want to remain at home as they get older, but only 46% believe their home is suitable for an older person. Anglicare Australia notes that an inability to modify the home can push people prematurely into residential aged care.
Likewise, studies show accessibility is a huge barrier for people with disability to live comfortably in a private rental.
“These statistics make Trinity Lane even more important, with 31 of the 39 units deemed ‘Gold Standard’ accessible under Livable Housing Australia’s (LHA) design guidelines,” Mr O’Connell says.
These accessible features mean we will also be able to welcome people with disability who need a safe, secure and affordable home. The intergenerational aspect is also unique, and we’re excited to see some genuine relationships form between older residents and their younger neighbours.”