About the National Rental Affordability Scheme (NRAS)
Under NRAS, the Australian Government in conjunction with the states and territories is providing financial incentives to:
- increase the supply of affordable rental housing
- reduce the rental costs for low to moderate income households
- encourage the large-scale investment and innovative delivery of affordable rental housing.
NRAS is part of the Australian Government’s long-term commitment to improve housing affordability.
The Scheme was implemented in 2008 and will conclude in 2026.
In the 2014-15 Budget, the Australian Government announced there would be no further funding rounds for new allocations. Current allocated dwellings, which are held by approved participants in the Scheme, will continue to receive incentives as agreed.
On 1 April 2020, the National Rental Affordability Scheme Regulations 2020 (2020 Regulations) replaced the National Rental Affordability Scheme Regulations 2008. The amendments introduce a new compliance framework for approved participants including an approved participants code of conduct.
See the Summary of Changes under the 2020 Regulations.
Information for prospective tenants looking to apply for NRAS properties including contact lists of housing providers in each state and territory
General information on NRAS for tenants, approved participants and investors
Information for tenant eligibility and moving from one NRAS property to another NRAS property
Information on NRAS incentives, Statements of Compliance requirements and NRAS performance reporting for approved participants and investors
Information, Quick Reference Guide's, and a link to the NRAS portal for approved participants
NRAS approved forms and fact sheets for approved participants and tenancy managers