National Rental Affordability Scheme (NRAS or the Scheme) housing provides people on a moderate income with an opportunity to rent homes at a rate that is at least 20 per cent below market value rent. But what is NRAS all about?
NRAS homes are not social housing – they’re affordable rental homes spread throughout suburbs identified to have a high rental demand.
The National Rental Affordability Scheme (NRAS or the Scheme) is a long-term commitment by the Australian Government to invest in affordable rental housing.
What’s the point of NRAS?
NRAS is designed to stimulate the supply of new, affordable rental properties around Australia. The aim is to reduce rental costs for eligible low to moderate income households by at least 20 per cent below market rates for up to 10 years.
How is it managed?
The Australian Government is responsible for administering and implementing NRAS, while the Western Australian Housing Authority administers the State Government’s funding contribution.
The properties are privately owned and managed by not-for-profit and non-government organisations.
Am I eligible to rent an NRAS property?
NRAS is targeted at low to moderate income households, so you’ll need to provide proof of your household’s gross income over the last 12 months and continue to provide that proof of income to your tenancy manager on an annual basis. Other criteria does apply. Some properties may have extra eligibility requirements – check directly with the NRAS tenancy manager you want to register with.
Where can I find an NRAS property and how do I register?
If you meet the eligibility criteria, select a tenancy manager with properties where you want to live, then register your interest directly with the tenancy manager.
Here’s a handy list of all tenancy managers with properties across Australia.
Where can I get more information?
For more information about NRAS visit the Australian Government Department of Social Services website or email NRAS@dss.gov.au.