National Rental Affordability Scheme (NRAS)

What happens at the end of the 10-year NRAS Period?

Disposal of your NRAS Allocation

Selling your NRAS Property

NRAS Transition Service

NRAS Incentive Claims 2022-23 NRAS Year

What happens at the end of the 10-year NRAS Period?

Information for NRAS investors (landlords)

When your 10-year NRAS period expires, your existing agreement with National Affordable Housing, either Head Lease or Delivery Agreement, will also expire.

No further Government Incentives are available once the NRAS term expires.

If you propose to continue to rent your property, you will need to sign a new property management agreement with your property manager and a new lease at market rent or an agreed rent with your tenant.

If your property is currently managed by HERS, HERS Property Ltd or National Affordable Housing our NRAS Transition Team will contact you towards the end of your NRAS term to provide further information, assistance and answer any questions you may have.

Property Management Services

If your property is in Brisbane, Townsville or Melbourne, and you decide to retain your property at the end of the NRAS term, National Affordable Housing is able to provide excellent property management services and very competitive rates.

Should you wish to transfer management of your property to a National Affordable Housing Property Manager please call us on 07 3169 2500 and ask to speak with our Property Management team. Thank you.