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The National Rental Affordability Scheme (NRAS or the Scheme) is a long term commitment by the Australian Government in partnership with 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% below the market value rent.
NRAS aims to:
Department of Families, Housing, Community Services and Indigenous Affairs (FaHCSIA)
Ph: 1800 334 505