Elevate by Foundation Housing
Elevate, owned and managed by Foundation Housing, provides well-located, high-quality, affordable homes for key and essential workers across the Perth metropolitan area.
Our apartments and townhouses are situated in desirable locations both north and south of the river, offering modern amenities, quality finishes, and convenient access to local services and lifestyle opportunities. Elevate supports key and essential workers to live closer to their workplaces while maintaining financial stability and a high standard of living.
An Australian-first social enterprise model
Elevate by Foundation Housing has been developed without any subsidy. Using low-cost finance offered by Housing Australia, Foundation Housing purchased just over 100 apartments from a number of different WA developers.
“This is a new and exciting model of social housing enterprise not previously used in Australia. Foundation Housing is very excited to show how this funding model can work at no cost to the taxpayer, while generating great outcomes for a community that needs more affordable housing options. By supporting WA’s essential workers with affordable housing, we are providing homes for people in need and supporting those who enrich our community,” says CEO, Chris Smith.
Current vacancies
Eligibility
Elevate tenants pay no more than 30% of their household income in rent, which is capped at 75% of the market rate. To be eligible, applicants must:
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Be employed in a Western Australia–based key or essential worker role in industries such as Healthcare, Emergency Services, Education, Childcare, Not-for-profit, Retail, Transport, or Local Government.
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Have a household pre-tax annual income between $50,000 and $116,000. (Household income includes all income earners residing in the home.)
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Not own any property or land, including holiday homes, rental properties, or a primary residence elsewhere.
The proximity of the applicant’s employment to the property will also be considered during the application process.
How Elevate rents are set
The Elevate program provides affordable housing for key and essential workers (or others on moderate incomes) by calculating rent based on both market rates and household income.
Rent reviews during a tenancy are aligned with changes in the Perth Consumer Price Index (CPI) at the time of review.
Application for Transfer
For existing Elevate tenants only.
Newfound Hope - Jessica's Story
Foundation Housing housed single mum Jessica and her young daughter after she went through months of rental stress to find an affordable place to live.
WANDJOO MIA - 'Welcome Home' by Anthea Corbett
Foundation Housing acknowledges the Traditional Custodians of the Country on which we work and live and recognises their continuing connection to land, waters and community. In particular, the Whadjuk people of the Noongar nation in Perth, the Yawuru people in Broome and the Kariyarra people in South Hedland. We pay our respect to them and their cultures and to Elders past, present and emerging.
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