Document ID: chunk:federal_register_of_legislation:F2024C01285:reg:28zf:p2
Version: federal_register_of_legislation:F2024C01285
Segment Type: reg
Provision Reference: reg 28ZF (pt 2/2)
Character Range: 82714–83440

they are purchasing property under the Family Home Guarantee; or
             ● they are buying out the existing family home.
      The single parent, or single legal guardian, must meet the eligible lender's credit assessment criteria.
      Regional First Home Buyer Guarantee
      The purpose of the Regional First Home Buyer Guarantee is to help persons living in a regional area to purchase a home in that area. It does this by allowing Housing Australia to issue up to an additional 10,000 guarantees for each of the 2022-23, 2023-24 and 2024-25 financial years. Additional eligibility requirements relating to the area in which the home is located, and residency in the area, must be satisfied.

Division 1—Eligibility