3/9 ADF Entitlements – Home Purchase Assistance Scheme (HPAS)
We hope you are finding this series about your ADF Housing Entitlements and how to use them helpful.
Today let’s have a look at Home Purchase Assistance Scheme (HPAS) and how to best use it!
The HPAS can be likened to the FHOG but solely for the ADF. You would use HPAS in addition to your FHOG towards the purchase of your first home.
That is, you’ll receive a grant from both the State Government and the ADF. HPAS is only payable once during your ADF service, so play this card wisely if you meet the criteria.
To see if you meet the criteria download our FREE Unofficial ADF Property Guide below. https://www.integritypropertyinvestment.com.au/the-unofficial-adf-property-guide/
It is important to note that you must be serving full-time to use your HPAS entitlement. If both you and your spouse are serving members, only one person can use it at a time.
However, you can make use of the other person’s HPAS on your next property.
Join us next time when we have a closer look at Home Purchase or Sales Expenses Allowance (HPSEA)
Contact someone you can trust to help you with your ADF Housing Entitlements, call us at 1300 372 677, or send us an email at firstname.lastname@example.org
We will empower you through education and coaching.