UDIA urges govern­ment to main­tain af­ford­able hous­ing scheme

Port Douglas & Mossman Gazette - - FRONT PAGE -

AUS­TRALIA is suf­fer­ing a short­age of al­most half a mil­lion rental properties af­ford­able to low in­come house­holds, which is why it is es­sen­tial that the next fed­eral govern­ment com­mits to the ex­ten­sion of the National Rental Af­ford- abil­ity Scheme (NRAS), ac­cord­ing to the Ur­ban De­vel­op­ment In­sti­tute of Aus­tralia.

The scheme pro­vides in­cen­tives for the con­struc­tion of hous­ing to be rented at be­low mar­ket rates to low and mod­er­ate in­come house­holds.

UDIA national pres­i­dent Julie Katz said the National Rental Af­ford­abil­ity Scheme had been highly suc­cess­ful at in­creas­ing the stock of af­ford­able rental dwellings.

‘‘It would be ex­tremely dis­ap­point­ing to see the scheme end, con­sid­er­ing how suc­cess­ful it has been to date, and also given the grow­ing hous­ing af­ford­abil­ity prob­lems fac­ing Aus­tralian cities.’’

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