FREQUENTLY ASKED QUESTIONS
NRAS is a Federal Government initiative that aims to:
- Increase the supply of new and affordable housing
- Reduce the rental costs for low and moderate income households
- Encourage large-scale investment and innovative delivery of affordable housing
All NRAS tenants have to provide income documents to show their gross income for the previous 12 months and a complete Tenant Demographic Assessment (TDA) form, in addition to the standard application documents.
Income documents must be provided to ensure that you are eligible to tenant an NRAS Property, i.e. that your gross income does not exceed the income limits.
The TDA form is a requirement to be able to tenant a property under NRAS as the information must be provided to the Department of Social Services at the end of each NRAS Year to ensure tenant eligibility.
A sole parent is a single adult with children under the age of 18.
An independent minor is someone under the age of 18 who is not financially supported by any other tenant in the household.
Please inform you Property Manager of any changes in your situation as soon as practicable.
Yes. However, as unsuccessful applications are not kept on file for privacy reasons, you will have to provide all documentation again.
All NRAS rent are at least 20% less than the Market Value Rent. The Market Value Rent is determined using a written valuation (and the NRAS Market Index). For further information please go to the Department of Social Services’ website here.
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