extension

Owego Home Central store partners with Cornell Cooperative Extension | WIVT

OWEGO, NY – A local hardware and home improvement store is helping raise money this month for a new partner.

Home Central has teamed up with Cornell Cooperative Extension of Tioga County for their “Round Up for Extension” initiative.

Beginning last Thursday, Home Central customers have been able to round up to the nearest dollar amount during check out to donate to CCE.

Home Central’s General Manager Ryan Rennells says he’s optimistic that people will donate to the cause, and that the store will be doing it’s part as well.

“It’s a great cause. We think people will be more than happy to donate. They do a lot of good in the area. As our part of this, everything that we are able to raise, Home Central is going to match that donation,” says Rennells.

Despite having a COVID-positive customer in late September, the Owego Home Central location remains open, having been thoroughly cleaned and following all safety protocols.

The month-long promotion is running at both the Owego location, as well as their location in Candor.

The Vestal store remains closed as they rebuild following a fire back in February.
Rennells says he’s hopeful that store will re-open by the new year.

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First Home Loan Deposit Scheme extension could be just the start

Victorian first-home buyers can make an up to $850,000 first step onto the property ladder under an extended and revised key housing support program.

On Saturday, Housing Minister Michael Sukkar announced an additional 10,000 First Home Loan Deposit Scheme places, and raised the cap in Victoria from $600,000 to $850,000.

But the extra 10,000 places nationwide are reserved for those buying off the plan, or a newly built home.

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The scheme allows first-home buyers to purchase a home on a deposit as low as 5 per cent without paying lenders’ mortgage insurance, as the government goes guarantor on their loan.

Building industry groups have lauded the move, but warned the state’s new home industry will need further support — urging for an extension to the nation’s $25,000 HomeBuilder grants in Victoria as well.

The extra places are in addition to another 10,000 on offer across the 2020-2021 financial year, and a further 9984 that were taken up in the first six months of this year.

The latest tranche will available from October 6 to June 30.

The state’s treasury has advised there are no plans to raise the $750,000 cap that applies to the up to $20,000 on offer in First Home Owner Grants, or for stamp duty concessions.

The federal government has not said if it will raise the $750,000 cap for the $25,000 HomeBuilder scheme which ends at the end of the year.

Urban Development Institute of Australia Victorian chief executive Danni Hunter said the federal government’s extension of the FHLDS was a positive step, but more was needed.

“Expanding the First Home Loan Deposit Scheme is a sensible

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