more information - nras vic · nras rental homes are available to low and moderate -income...

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MORE INFORMATION Bendigo Office 10-16 Forest Street, Bendigo VIC 3550 tel 03 5444 9000 Geelong Office 6 Pakington Street, Geelong West VIC 3218 tel 03 5222 2402 Mildura Office 143a Lime Avenue, Mildura VIC 3500 tel 03 5018 4200 Robinvale Office 52 Herbert Street, Robinvale VIC 3549 tel 1300 716 776 Preston Office 52-56 Mary Street, Preston 3072 tel 03 9479 0700 [email protected] For more information visit the Department of Social Services NRAS website: www.dss.gov.au TENANT INFORMATION www.havenhomesafe.org.au Loddon Mallee Housing Services Ltd trading as Haven; Home, Safe. Victoria’s first registered Affordable Housing Association.

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Page 1: MORE INFORMATION - NRAS VIC · NRAS rental homes are available to low and moderate -income Australians – people who may find it hard to pay market rental rates. To be eligible to

MORE INFORMATION

Bendigo Office 10-16 Forest Street, Bendigo VIC 3550 tel 03 5444 9000

Geelong Office 6 Pakington Street, Geelong West VIC 3218 tel 03 5222 2402

Mildura Office 143a Lime Avenue, Mildura VIC 3500 tel 03 5018 4200

Robinvale Office 52 Herbert Street, Robinvale VIC 3549 tel 1300 716 776

Preston Office 52-56 Mary Street, Preston 3072 tel 03 9479 0700

[email protected]

For more information visit the Department of Social Services NRAS website: www.dss.gov.au

TENANT INFORMATION

www.havenhomesafe.org.au

Loddon Mallee Housing Services Ltd trading as Haven; Home, Safe.

Victoria’s first registered Affordable Housing Association.

Page 2: MORE INFORMATION - NRAS VIC · NRAS rental homes are available to low and moderate -income Australians – people who may find it hard to pay market rental rates. To be eligible to

OVERVIEW HOUSEHOLD INCOME LIMITS

NRAS rental homes are available to low and moderate-income Australians – people who may find it hard to pay market rental rates. To be eligible to rent an NRAS property, prospective and existing tenants will need to provide evidence of their gross income for the previous 12 months before the day they enter the dwelling, both with their initial application and every year afterwards; and

• Must not exceed the income limits for their household type as shown in the table.

• The total income of all tenants of an NRAS rental property is used to calculate the overall household income for that property.

How is my eligibility determined?

Point of Entry Assessment (Prospective/New Tenants)

New tenants are assessed using the initial household income limit (please refer to the initial household income limits in the table below).

For example, the household income for one adult should not exceed $50,489 per annum.

For ease of application purposes, a variety of 2018-19 income eligibility limits for various household compositions are presented below. Note: These limits are reviewed and adjusted annually.

Household Composition

Initial household income limit ($)

Existing tenant income limit ($)

One adult 50,489 63,112

Two adults 69,804 87,255

Three adults 89,119 111,399

Four adults 108,434 135,543

Sole parent with one child 69,852 87,315

Sole parent with two children 86,600 108,250

Sole parent with three children 103,348 129,185

Couple with one child 86,552 108,109

Couple with two children 103,300 129,125

Couple with three children 120,048 150,060

Ongoing Eligibility Reassessment (Existing Tenants)

Existing tenants are assessed annually on the anniversary date of their initial lease start date using the existing tenant income limit (please refer to the existing tenant income limit in the table below)

For example, the household income for one adult should not exceed $63,112 per annum.

Why do I need to provide personal income details?

To confirm eligibility initially and on an annual basis, we will require proof of all household income from every occupant over the age of 18 and any independent minors as follows:

• Bank statements,

• Centrelink statements,

• Pay slips,

• PAYG summary,

• Child support assessment.

This list is not exhaustive. Any questions, please contact your Tenancy and Property Manager.

What happens if I am over the income limit?

If the household income of an existing tenant exceeds the indicated limit (e.g. $63,112 for one adult), the tenant will cease to be an eligible tenant.

The tenancy will then be non-compliant with the NRAS regulations and the tenancy will be at risk of ending. If you are concerned about your eligibility, please speak with your Tenancy and Property Manager immediately.