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The group is calling for its brokers to consider donating to the AFG Independence Fund to help tackle youth homelessness.
Working in partnership with the national charity – Foyer Foundation – the Australian Finance Group (AFG) has gifted essential resources, such as laptops, equipment, and driving lessons to support their education or employment prospects, to over 140 disadvantaged young Australians.
The resources were gifted through AFG’s Independence Fund and were made available to residents of Foyers throughout the nation and now AFG is encouraging its brokers to donate to the fund in order to provide further help.
Foyers provides accommodation and integrated learning environments for people aged 16–24 who are facing the risk of homelessness.
The latest round of the fund garnered 57 applications with each applicant receiving funds as part of the $18,500 available for distribution.
Gifts made available through the fund included 13 laptops/course fees and 16 driving lesson packages along with tools, uniforms for work and gym subsidies to support their health.
Other applications were used for household and kitchen goods for those moving out of Foyers into their own private rental space.
AFG announced earlier this year that it would allocate $600,000 over the next three years to the foundation, following on its initial $200,000 sponsorship last year.
AFG head of sales and distribution, Chris Slater, has urged brokers to support the cause and stated that their contributions could make a positive impact on vulnerable youths.
“It is important to have the right resources to pursue education or work, and these are often not easy for Foyer young people to access without the right support,” Mr Slater said.
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“AFG is therefore proud to be able to make these resources a reality for those who need them, giving them a much boost in their study or careers. We urge brokers who are looking to give back to the community to join us in making a meaningful difference.”
Mr Slater added that AFG recognises the importance of a place to call home when pursuing meaningful employment and education.
“We operate in an industry where access to safe and secure housing seems the norm. But that is not always the case, and we have a responsibility to help remove some of the obstacles for those young people who may be facing disadvantage,” he said.
Foyer Foundation chief executive Liz Cameron-Smith stated the call for donations by AFG would make a big difference in the lives of Foyers’ residents.
“AFG has pioneered a new model of direct support for young people living in Foyers that we are thrilled to expand via AFG’s network of mortgage brokers and lenders,” Ms Cameron-Smith said.
“Every extra dollar into the AFG Independence Fund goes directly to a young person working hard to overcome challenging life experiences and unlock the bright, independent futures they deserve.”
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