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ECIC Student Heads $500m Not-for-Profit Success

Master of Applied Innovation and Entrepreneurship student Ashley Fenn set up Ethan Affordable Housing 3 years ago with the idea of creating more affordable rental housing in Australia. Ethan utalises the National Rental Affordability Scheme which offsets rental losses by contributing $9500 annually to property owners who lease a new home at 20% lower than the market rental value.

To date, Ethan has been involved in $500 million worth of new housing in Australia. Read more about Ethan Affordable Housing’s investment and development approach in The Australian Financial Review.

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