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Housing peak welcomes round 4 of National Rental Affordability Scheme

Housing peak welcomes round 4 of National Rental Affordability Scheme

National Shelter media release — 4 October 2011

 

National Shelter is pleased to hear the Gillard government has announced round 4 of the National Rental Affordability Scheme (NRAS).

The round includes delivery on over 200 projects to build more than 17,000 properties for low- to moderate-income households to rent below market rate.

Chairperson of National Shelter, Adrian Pisarski, said the Gillard Government has shown foresight in allocating NRAS contributions in forward spending.

‘It is critical that government invest in long-term solutions like NRAS to address the housing stress currently being experienced in Australia.’

‘The Gillard government has shown great commitment in developing and supporting NRAS and should now look at increasing the program in future.’

The division of round 4 of NRAS as follows:

  • New South Wales: more than 4700 properties
  • Queensland: more than 5600 properties
  • Victoria: more than 900 properties
  • Western Australia: up to 2300 properties to date
  • South Australia: more than 400 properties to date
  • Tasmania: more than 1000 properties
  • Northern Territory: more than 400 properties
  • ACT: more than 1500 properties.

The National Rental Affordability Scheme is about increasing supply of new affordable rental housing, reducing rental costs for low- and moderate-income households and encouraging investment and innovative affordable housing.

Adrian Pisarski, Chairperson: tel: (07) 3831 5900, 0417 975 270; email: [email protected]

Joanna Carson, Communications Officer: 0418 718 584: email: [email protected]

 

 

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