Government support for Fronditha Cares community centre

first_imgFronditha Care, a not-for profit aged care provider, will be able to create a flexible and multi-use community centre in Melbourne’s south east with the help of a $20,000 grant from the federal government.The funds will be used to purchase tables, chairs and TV screens, and will be fitted in a way that they can be adaptable to the needs of different community groups.Hotham MP Clare O’Neil visited Fronditha Care’s Support Hub in Mulgrave on Thursday and explored the area where the new centre will be built. It will house two large function rooms but will also be a multipurpose space transformable into offices or training rooms.Fronditha Care President Faye Spiteri stated the centre is needed for the Greek community in the southeastern suburbs of Melbourne.“I am sure that come the end of this year, community organisations will be able to harness the opportunity to utilise the contemporary centre for their functions, activities and meetings,” she said.CEO George Lekakis AO says the area will be extremely versatile to ensure the changing needs of the community are addressed.“Groups will be able to host large ticketed events, or just have their monthly members’ nights,” Mr Lekakis said. “It’s important to cater to all age groups, budgets, and cultures at this centre.”When presenting the grant to the organisation, Ms O’Neil stated, “Fronditha Care does amazing work in the provision of residential aged care to people in my electorate of Hotham. The residents at Fronditha Care have access to great facilities, and receive the support and care they need whilst feeling more connected with their traditional Greek culture and identity.“I hope this community grant will help make this centre a community hub that people of all ages can come and enjoy.”The community centre is scheduled to be completed by mid-2019.The grant is a part of the Stronger Communities Program which provides each of the 150 federal electorates with up to $150,000 to fund small capital projects. Each grant hopes to improve local community participation and engagement.In September 2018, the Victorian State Government gave a $250,000 grant to Fronditha Care towards the construction of the community centre. Facebook Twitter: @NeosKosmos Instagramlast_img read more

Pending Home Sales Nudge Up in September

Pending Home Sales Nudge Up in September

first_imgPending Home Sales Nudge Up in September October 27, 2014 539 Views Contracts for home sales improved annually in September, marking the first year-over-year increase so far in 2014.The National Association of Realtors’ (NAR) Pending Home Sales Index, a forward-looking gauge of home sales based on contract signings, ticked up 0.3 percent to 105 from August’s 104.7, the group reported. Compared to a year ago, the index climbed 1 percent—the first yearly increase in 11 months.September was the fifth straight month in which the index remained above its benchmark level of 100.Despite falling short of last year’s levels, home sales in recent months have benefited from a more buyer-friendly market as inventory makes headway and price growth moderates.”Housing supply for existing homes was up in September 6 percent from a year ago, which is preventing prices from rising at the accelerated clip seen earlier this year,” said NAR Chief Economist Lawrence Yun. “Additionally, the current spectacularly low mortgage rates should help more buyers reach the market.”Despite those improvements, the market still remains challenging for some home shoppers, particularly those in a lower income bracket. According to NAR, 15 percent of Realtors who reported not closing a sale in September said their clients were unable to secure financing as tight credit conditions lock out all but the most pristine borrowers.With the recent finalization of a risk retention rule for the secondary market and the Federal Housing Finance Agency signaling its intent to make credit available to more Americans, the association expects stringent lending requirements will become less of a concern.Pending sales figures were mixed around the country. According to NAR, contract signings in the Northeast were up 1.2 percent to an index value of 87.5 in September, while signings in the South rose 1.4 percent to 118.5.Meanwhile, the Pending Home Sales Index for the Midwest was down 1.2 percent to 101.2, while the index for the West slipped 0.8 percent to 101.3. in Daily Dose, Data, Featured, Newscenter_img Credit Availability National Association of Realtors Pending-Home Sales 2014-10-27 Tory Barringer Sharelast_img read more