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NRAS
29 Jul 20

NATIONAL RENTAL AFFORDABILITY SCHEME

NRAS (National Rental Affordability Scheme) is a Government initiated scheme aimed at providing affordable rental housing for, low to moderate income households.

The scheme works by providing an annual tax-free incentive per dwelling to investors who build and rent homes at a rate that is at least 20 per cent below the market rate to eligible individuals and families to make their housing more affordable.

At First National Real Estate Neilson Partners we are proud to be Tenancy Managers under the approved participants, Haven, Home, Safe, Australia’s only integrated affordable rental housing and homelessness services provider.

As one of only two NRAS agents servicing Pakenham, First National Real Estate Neilson Partners currently manage 37 tenancies under the Scheme’s requirements and the Residential Tenancies Act 1997.

For NRAS eligibility requirements and further information please visit: dss.gov.au

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