About Us

Modular Community Housing Pty Ltd was established specifically by Maja Group Pty Ltd and has developed a national system that delivers a purpose designed property and infrastructure for persons with disability.

It is the intention of the socially responsible investment business model to acquire, develop and lease property on a shared ownership basis to non Government and not for profit organisations directly funded by Government on long-term leases. It is the intention for the non Government and not for profit organisation to develop capacity through the investment period to acquire the asset at the end of the investment period.
 
The disability sector in Australia has a growing need in meeting accommodation and infrastructure for both current and future requirements and in undergoing industry change and consolidation prompted by Governments seeking better outcomes for the resident and maximising their Treasury funding budgets.
   
It has been identified that non Government and not for profit organisations who provide accommodation and infrastructure to persons with disability often have little success in securing long-term tenure in standard residential property. Even if a satisfactory lease can be secured, the property often requires expensive retro-fitting to meet the resident’s needs resulting in the capital contribution being written down over a very short period to reflect the short lease period. Further to this, at the end of a lease, the non Government or not for profit organisation is required to return the property to its former condition, usually at significant cost.
 
This is clearly an unacceptable scenario for both the resident and the non Government or not for profit organisation, as the disruption of relocation has an impact on the resident’s lifestyle and the recurring cost impacts both financially and operationally on the non Government or not for profit organisation.
 
It has also been identified that non Government and not for profit organisations seeking to grow their balance sheet find it difficult to raise traditional recourse lending due to their constitutions generally limited to $1.00 liability.   The Government is seeking initiatives that can minimise the impact on Treasury capital budgets by supporting non Government and not for profit organisation’s to grow their resources, leverage their business and invest further in meeting social community needs.
 
The has resulted in Modular Community Housing developing a product structure to address the challenges of the disability sector in providing quality disability coded accommodation (known as “ConnectHouse”) and a financial model (known as “majaSRI”) that allows non Government and not for profit organisation’s to borrow non recourse and build their balance sheet over an extended period.
 
The product known as ConnectHouse is constructed in compliance with the disability code and offers both capital and recurrent savings by minimising rectification costs, negating relocation costs, and avoiding expensive business and resident disruption by ensuring long-term tenure.
 
The majaSRI allows non Government and not for profit organisations to share ownership on a purpose designed property for their residents with little or no upfront costs, achieve long-term tenure for their services and accommodation and enhance their balance sheet from the shared ownership structure under corporate partnership.