Invest in affordable housing
The National Rental Affordability Scheme (NRAS)
The scheme is an Australian Government initiative, supported by the Queensland Government to increase affordable housing for low-to-moderate income households.
The scheme offers investors an annual tax-free incentive to buy new, affordable homes and to rent them for at least 20% below market rents to low and moderate income households.
The annual tax-free incentive is currently $9981 per dwelling, and is indexed annually to the rental component of the CPI. The incentive has 2 parts:
- the Australian Government contribution of $7486 per year for 10 years as a refundable tax offset or payment
- the Queensland Government contribution of $2495 per year for 10 years as a cash payment for dwellings in Queensland.
If you are interested in investing in a property under this scheme, contact an approved participant directly for information about investment opportunities. Approved participants are groups of investors that already invest in the National Rental Affordability Scheme. A list of approved participants can be found at the bottom of this page.
Make sure you get independent financial advice before buying an NRAS property.
Property and tenancy managers
Property and tenancy managers must be nominated by an approved participant and approved by us before leasing property under the scheme.
Property and tenancy managers for NRAS should be one of the following a:
- Registered Housing Provider under the Housing Act 2003
- licensed real estate agent under the Property Agents and Motor Dealers Act 2000
- a local government.
If you are interested in becoming an NRAS property and tenancy manager, please contact an approved participant directly.
Find out more about the requirements and role of property and tenancy managers.
- (07) 3896 4710
Affordable Management Corporation
- (07) 3234 8988
Aspire Housing Group
- 1300 909 319
- (07) 3809 5999
- (07) 5549 4756
Australian Residential Investments
- (07) 3105 2899
- 5491 2717
- (07) 4152 1600
Brisbane Housing Company
- (07) 3307 3000
Coast2Bay Housing Group
- (07) 5451 2912
- 0431 465 060
Horizon Housing Solutions
- 1300 133 027
- (07) 5554 0900
Philip Usher Constructions
- (07) 3800 1666
Quantum Housing Group
- 1300 840 934
Queensland Affordable Housing Consortium
- (07) 3169 2500
Questus Funds Management
- 1800 243 410