National Rental Affordability Scheme (NRAS)

April 25, 2015

NRAS is designed to stimulate the supply of new affordable rental dwellings. These dwellings will be rented to eligible applicants at a rate at least 20% below the prevailing market rate.
Under Round 4 of the NRAS program, Housing Plus successfully applied to develop 53 units of affordable housing. These dwellings, which were build duirng 2014-2015 are spread throughout the Housing Plus areas of operation as follows:

Orange: 10 One bedroom units, 10 Two bedroom units & 1 Four bedroom house.
Mudgee: 10 One bedroom units & 10 Two bedroom units .
Bathurst: 5 One bedroom units, 5 Two bedroom units & 2 Four bedroom house.

A large percentage of this project is funded by borrowing against the value of the properties Housing Plus owns.

Housing Plus wishes to recognise the traditional custodians of the land on which we work and live. We acknowledge the stories, traditions and living cultures of the Traditional Custodians and commit to building a bright future together.

Housing Plus is a progressive social enterprise that re-invests ALL profits back into improving social outcomes for individuals and communities in regional NSW. Housing Plus is a registered not-for-profit company limited by guarantee, and is a Tier 1 accredited community housing provider.