Transition assistance is available for homeowners with complex health or financial circumstances who are participating in the Loose Fill Asbestos Insulation Eradication Scheme buyback program.
Eligible homeowners are able to access the equity in their home, prior to surrender, for payment of expenses associated with moving to new living arrangements. This might include expenses such as:
- paying the deposit on a new property
- payment to secure a place in a retirement village
- installation of disability modifications in your new home
Transition assistance arrangements are available for a six-month period following the exchange of contract for the surrender of the affected property. At the end of the six-month period homeowners need to vacate the affected property and complete the surrender.
Eligibility
To apply for transition assistance, you must:
- be the registered owner of a property on the Affected Residential Premises Register
- be currently occupying the property
- be participating in the buyback program
How to apply
To apply for transition assistance, homeowners need to:
- read the Transition Assistance Program Guidelines (299.0 KB)
- contact the Coordination Team on 6205 4700 to discuss how Transition Assistance could assist you with your Transition Plan.
You will be required to:
- provide information about your health and/ or financial circumstances, as well as your plans for moving to new living arrangements
- enter into a new contractual arrangement for surrender of your affected property
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