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Partially completed homes and those newly contracted to Watersun Homes are among the hundreds of projects affected. Former Watersun Homes employeeShireeReeve told the Ballarat Courier shefelt sick and shockedby the news. "I take it quite seriously that they're not going to get what was promised," Ms Reeve said."I don't sell people homes that can't end up being built." She estimates she sold 40-odd houses to people in Bendigo and surrounds while she was working for Watersun for a year, most of which have already been built. Central Victorian businesses have also been affected by the announcement. Render Solutions company director Brendon Frost said his business had lost about $10,000 through Watersun. "Home owners that are halfway through construction will be affected heavily," physician home equity loan Oak Laurel www.oaklaurel.com.au 0430129662 he doctor home loan Oak Laurel www.oaklaurel.com.au 0430129662 said. Superior Concrete and Construction director NathanTresizesaid he knew of Watersun houses throughout Bendigo that were yet to be completed. He felt for the families that had invested their hopes, dreams and savings in those properties. "Where does it leave those people?" he said. MrTresizesaid he had been doing work for Watersun for about two years partly with his previous employer, recently as the owner of his own business. "They have always been slow payers," he said. However, he figured a company that was financially stable enough to sponsor the St Kilda Football Club, was worth working for. MrTresizesaid he provided concreting and cleaning services for Watersun. "I'm still owed money from September last year," he said, though the business provided some payments earlier this year. MrTresizesaid he was owed about $17,000 in total. "That'llhurt us, as a small family business, considerably," he said. "It'll take me a long time to trade out of that." But it could have been worse. MrTresizesaid he was scheduled to complete at least six jobs for Watersun in March, which would have blown his losses out to more than $60,000. Watersun Homes has branches in Queensland and NSW, but they have not been affected by the company's decision to enter its Victorian branch into voluntary administration. In 2014, the company signed a three-year deal to sponsor AFL coach Alan Richardson, although the company logo wasn't featured on the St Kilda Football Club coach's shirt during the 2016 season. The first creditors meeting will be held on Friday, March 10, at 10am.