NRAS Housing - nras tenant eligibilty, criteria and availability
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nras housing tenant eligibility
NRAS - How to find out more

NRAS Tenants

The NRAS program (National Rental Affordability Scheme) is designed to stimulate the building of rental homes in growth areas to satisfy a high demand for reasonably priced rental property for suitably qualified NRAS tenants.
The National Rental Affordability Scheme (NRAS) is a long term commitment by the Australian Government to invest in affordable rental housing. NRAS provides a National Rental Incentive to the business sector and community organisations to build and rent dwellings to eligible low and moderate income households at a rate that is at least 20 per cent below the prevailing market rate.
The qualifying NRAS tenants satisfying NRAS criteria include key and essential service workers, for example, childcare workers, nurses, police officers and fire-fighters.
The NRAS tenants income limits for a household which doesn't include a sole parent are:
  • $45,956 for the first adult
  • $17,579 for each additional adult
  • $15,243 for each child
The income limits for a household which does include a sole parent are:
  • $48,336 for the first sole parent
  • $17,579 for each additional adult
  • $15,243 for each child
For Example: A couple with three children earning up to $109,264 per annum would be eligible to rent an NRAS home. In addition, NRAS allows for tenant salary increases of up to 25 per cent above the income limit thresholds which means, this family could earn up to $136,580 for two years before they become ineligible for the discounted rent.
Income limits are indexed in accordance with the NRAS tenant income index on 1 May each year, rounded to the next whole dollar. The NRAS tenant income index is the All Groups component of the Consumer Price Index.
Approximately 1.5 million Australians are eligible to be NRAS tenants. Contact us to find out more
NRAS - How to find out more

How to find out more...

Whether you want a quick overview or an in depth insight, we've got you covered.
Simply login to the webinar and listen to how NRAS property investment can provide negative geared tax advantaged property, with many providing positive cashflow.
These forms of opportunities come around rarely.
Positive Cashflow, Negative Geared.
Digest the information in your own time, at your leisure when it suits you. But once you realise just how much you like what you hear and it all makes sense - Act fast.
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NRAS housing provides tenants with information and some directional guidelines regards opportunities fopr tenancies with national rental affordability scheme certified real estate. It is a national coverage site servicing New South Wales (NSW), Queensland (QLD), Western Australia (WA) and South Australia (SA). Contact us about individual nras development projects or find nras properties under nras new south wales,nras queensland,nras western australia,nras south australia, all within the NRAS Housing website.