Defence Home Ownership Assistance Scheme (DHOAS)
The Defence Home Ownership Assistance Scheme is a home loan subsidy scheme for eligible ADF members.
A major objective of the DHOAS is to improve current ADF retention and recruitment rates.
This objective will be supported by providing:
- Home ownership assistance that reflects the contemporary housing and home finance markets; and
- Progressively higher levels of assistance for eligible members serving beyond critical career points.
Members who have served on or after 1 July 2008, and have completed a qualifying period of service and accrued sufficient entitlement to gain a Service Credit, can access the DHOAS benefits.
Members in the Permanent Force need to complete four consecutive years of service to qualify, and then complete at least one month of service to accrue entitlement to DHOAS.
Reservists need to complete eight consecutive financial years of effective service to qualify, and then complete at least another 20 days of Reserve service within a financial year to accrue entitlement.
Check out the DHOAS eligibility calculator and other resources on this website to help you find out more about the Scheme.
A table of the DHOAS Subsidy Tiers is provided here for your quick reference.
Subsidy Tier Level | Minimum Permanent Service | Minimum Reserve Service | Maximum Loan Limit | Maximum Monthly Subsidy |
|---|---|---|---|---|
1 | 4 years | 8 years | $187,159 | Up to $295 |
2 | 8 years | 12 years | $280,738 | Up to $443 |
3 | 12 years | 16 years | $374,318 | Up to $591 |
- Monthly subsidy values are valid as at November 2008. Subsidy payments will fluctuate in line with changes in home loan interest rates.
- The maximum loan limits are reviewed annually.
For further information, contact DVA on 1300 4 DHOAS. If calling from overseas, ring +61 +7 38159450
Latest News
Change in Subsidy Values
20-October-2008
The median interest rate used to calculate DHOAS subsidy values has decreased from 8.95% to 8.54%. This will reduce the subsidy amount paid into members' DHOAS home loans in November, and will reduce maximum monthly subsidy values.
12 Month Occupany Rule - Change in Advice
26-September-2008
Members who owned their home - or had a contract to buy, build or renovate a home - on 1 July 2008, and who receive a posting before 31 December 2008 which will take effect before 30 June 2009, may be eligible for DHOAS (even though they can't meet the 12 month occupancy requirement).
Reserve Eligibility - Change in Advice
29-August-2008
Reserve members are no longer required to first complete 20 days of Reserve service within 2008-09 before they can access DHOAS assistance. To be eligible, they must have completed their eight year qualifying period, completed effective service in 2007-08 and have accrued a service credit.
Eligibility Calculator
Find out your eligibility and entitlement for DHOAS!
Apply for DHOAS
Fill out your DHOAS application form and post to DVA.
