National Rental Affordability Scheme
Introduction
The National Rental Affordability Scheme (NRAS or the Scheme) is a partnership between the Australian Government and the States and Territories to invest in affordable rental housing.
The Scheme, which commenced in 2008, seeks to address the shortage of affordable rental housing by offering financial incentives to persons or entities such as the business sector and community organisations to build and rent dwellings to low and moderate income households at a rate that is at least 20 per cent below the market value rent.
NRAS aims to:
- increase the supply of new affordable rental housing
- reduce rental costs for low and moderate income households
- encourage large-scale investment and innovative delivery of affordable housing.
Latest news and events
4 February 2015
Information for approved participants regarding market rent valuations and statement of compliance for 2014-15 NRAS year can be found under Facts and Information.
Information for approved participants regarding payments processing and the issuing of RTO certificates can be found under Facts and Information.
20 January 2015
Information regarding provisional allocations, maximum permissible rent and the rent reviews can be found under Facts and Information.
9 December 2014
The Department will be providing regular updates on the processing of 2013-14 NRAS incentive claims.
1 December 2014
A new form has been made available on the DSS Website to assist Approved Participants to apply to extend the lodgement date of the Market Rent Valuation Documentation.
All Application forms, including relevant guidelines and attachments can be found on the NRAS resources, documents and information page.
17 November 2014
Update for Approved Participants on 2013-14 NRAS Payments Progress and Provisional Allocations
5 November 2014
A new form has been made available on the DSS Website to assist Applicants and NRAS Approved Participants that are charitable institutions to elect to receive an incentive as a tax offset certificate or a monetary payment.
All application forms, including relevant guidelines and attachments can be found on the NRAS resources, documents and information page.
4 November 2014
Information about the NRAS Regulation changes taking effect on 4 November 2014
23 October 2014
New forms have been made available on the DSS Website to assist Applicants and NRAS Approved Participants to:
- transfer an allocation to another Approved Participant,
- transfer an allocation to another rental dwelling,
- vary special conditions or attributes associated with allocations,
- request a withdrawal of a reserved allocation, or
- request a revocation of an allocation.
All application forms, including relevant guidelines and attachments can be found on the NRAS resources, documents and information page.
17 October 2014
13 October 2014
Update to the 2013-14 NRAS Incentive payment process: A letter sent to all Approved Participants.
10 October 2014
Information for NRAS private individual investors
Cautionary Note to Developers, Investors and Charitable Organisations: Trading of Incentives under the National Rental Affordability Scheme
02 October 2014
Discussion with NRAS Providers
Presentation provided to NRAS Providers Ltd. Includes information on - 2013/14 NRAS Payments, Trading of Incentives, Systems and Administration and Next Steps.
More information about the NRAS Regulation changes including Frequently Asked Questions and timeframes for applications to vary conditions of reservations of allocation are now available.
Contact details
If you have any feedback, concerns and complaints about the administration or delivery of NRAS or actions of NRAS Approved Participants, please contact the NRAS Helpdesk.
Email: nras@dss.gov.au
About NRAS
NRAS resources, documents and information
- Information about the Scheme, including questions about the new Regulation changes, Fact Sheets, letters to NRAS Approved Participants, applications to vary the conditions to reservations of allocation and other general administration information, can be found on the NRAS resources, documents and information page.
NRAS Frequently Asked Questions
Information for NRAS Applicants, Approved Participants, investors and tenancy managers
- List of approved NRAS Applicants and Approved Participants (refer to the latest NRAS performance report)
- NRAS incentive (indexation)
- NRAS household income (indexation)
- NRAS calls for applications (Rounds)
- Information for NRAS Applicants and Approved Participants
- Information for NRAS private individual investors
- Information for banks and financial institutions
Information for NRAS tenants
NRAS legislation, regulations and policy guidelines
NRAS performance reporting
Glossary of Terms
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