Queensland Government : NRAS National Rental Affordability Scheme

Organization : Queensland Government
Service Name : National Rental Affordability Scheme (NRAS)
Country: Australia

Website : http://www.qld.gov.au/housing/renting/nras/

National Rental Affordability Scheme :

The National Rental Affordability Scheme (NRAS) aims to:
** reduce rental costs for low to medium income households.
** increase the number of more affordable rental houses.

Related : Smart Service Queensland Taxi Subsidy Scheme : www.statusin.org/24985.html

Am I eligible to rent under the scheme?:
To become a registered prospective tenant under the NRAS in Queensland, you must meet all of the requirements listed below.
** You must be an Australian citizen, have permanent residency, or have been issued with a temporary protection, or bridging visa.
** You must be a Queensland resident, or provide evidence of your need to move to Queensland.

** You or your household members must not own or part-own property in Australia or overseas. This includes residential or commercial property, land, mobile homes or caravans that are permanently connected to utilities.

** Your money in bank accounts, shares and investments (including superannuation payouts) must not exceed $87,125.00 for a single person, or $108,250.00 for 2 or more household members.

Your proposed household’s combined annual gross income must not exceed the following limits:
One adult:
** At commencement of NRAS tenancy initial income limit must not exceed $47,904
** During NRAS tenancy upper income limit must not exceed $59,880

2 adults:
** At commencement of NRAS tenancy initial income limit must not exceed $66,228
** During NRAS tenancy upper income limit must not exceed $82,785

3 adults:
** At commencement of NRAS tenancy initial income limit must not exceed $84,552
** During NRAS tenancy upper income limit must not exceed $105,690

Sole parent with 1 child:
** At commencement of NRAS tenancy initial income limit must not exceed $66,274
** During NRAS tenancy upper income limit must not exceed $82,843

Sole parent with 2 children:
** At commencement of NRAS tenancy initial income limit must not exceed $82,163
** During NRAS tenancy upper income limit must not exceed $102,704

Sole parent with 3 children:
** At commencement of NRAS tenancy initial income limit must not exceed $98,052
** During NRAS tenancy upper income limit must not exceed $122,508

Couple with 1 child:
** At commencement of NRAS tenancy initial income limit must not exceed $82,117
** During NRAS tenancy upper income limit must not exceed $102,647

Couple with 2 children:
** At commencement of NRAS tenancy initial income limit must not exceed $98,006
** During NRAS tenancy upper income limit must not exceed $122,508

Couple with 3 children:
** At commencement of NRAS tenancy initial income limit must not exceed $113,895
** During NRAS tenancy upper income limit must not exceed $142,369

To calculate NRAS eligibility for household types not identified above, please use the information below.

First single adult:
** $47,904

Each additional adult:
** $18,325

Each child:
** $15,889

First sole parent:
** $50,385

Income levels above are assessed on the total income for a household, not individuals within the household.

Household income cannot exceed the initial income limit at the time of applying.

If your income exceeds the upper income limit for your household type for 2 consecutive eligibility years you will no longer be eligible for the scheme.

Yearly rent increases for scheme properties are capped at the rental component of the Consumer Price Index (CPI).

Tenants renting a property through the scheme may be eligible for rent assistance, subject to the normal Centrelink eligibility criteria.

How to register:
To register, complete the National Rental Affordability Scheme (NRAS) tenant application form or contact 13 QGOV (13 74 68).

If you meet the eligibility requirements, you can apply for a place to rent under the scheme. You can find properties currently available in Queensland by visiting National Rental Affordability Scheme Properties for Rent on realestate.com.au.

If you would like more information about these and other places for rent, contact a tenancy manager directly.

The NRAS tenancy manager for a property will select which registered applicants are offered tenancies.

The department has no involvement in the management of these tenancies.