Affordable Housing Consulting (AHC) is an expert in affordable housing and the National Rental Affordability Scheme (NRAS). Our mission is to be a market leader in facilitating access to NRAS for developers, investors and the non-government sector.
AHC currently manages over 1700 NRAS allocations throughout South Australia, New South Wales and Victoria and have developed our own 'best in class' NRAS management compliance software.
Click here to check out the services that we can provide you and your property manager.
The National Rental Affordability Scheme (‘NRAS’ or ‘the Scheme’) is an Australian Government affordable housing initiative, delivered in partnership with state and territory governments. Governments, the business sector and community organisations have recognised that housing affordability is an issue of significant community concern. The growing cost of housing is having an impact on the ability of many Australians to meet their financial commitments. The Scheme seeks to address the shortage of affordable rental housing by offering annual financial incentives for up to ten years, to rent dwellings for eligible NRAS tenants at 80 per cent or less of the market value rent.
NRAS issues financial incentives to organisations that provide people on low to moderate incomes with an opportunity to rent homes at a rate that is at least 20 percent below market value rent. NRAS homes are not social housing–they are affordable private rental homes.
Under NRAS, the Australian Government in conjunction with the States and Territories is providing financial incentives to:
NRAS commenced on 1 July 2008 and is due to cease by 31 October 2026.