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  The National Rental Affordability Scheme

Pennisi Property Management are proud to be an 'NRAS' approved Agent and provide our Property Management Services to those within the National Rental Affordability Scheme.

What is N.R.A.S?

The National Rental Affordability Scheme ('NRAS' or 'the Scheme') seeks to address the shortage of affordable rental accommodation by offering a National Rental Incentive (the 'Incentive') to providers of new rental dwellings. The Incentive is offered on the condition that dwellings are rented to eligible low and moderate income households at a rate at least 20 per cent below market rates. By requiring a reduction on market rent of at least 20 per cent, the Scheme substantially improves dweling affordability for tenants.


DO YOU FALL UNDER ANY OF THE FOLLOWING CATAGORIES?


DOES LAST YEARS TAX RETURN SUPPORT THIS?

It is compulsory for all applicants to supply a copy of last years tax return when applying for an NRAS approved property to show evidence that you meet the above financial requirements.

DO YOU HAVE A POSITIVE AND RELIABLE RENTAL HISTORY?

A completed rental application must be submitted to the Managing Agency including personal, rental and professional references as well as 100 points of ID for consideration by the Landlord.

CONGRATULATIONS!

YOU ARE AN NRAS APPROVED TENANT!

For those who wish to apply for an NRAS approved property, Tenant Consent and Assessment Forms are attached below.



NRAS Tenant Consent and Information Form