Member for Mulgrave Curtis Pitt today announced that 100 new four-bedroom houses will become available to rent in Edmonton, through the National Rental Affordability Scheme.
Mr Pitt said the brand new houses in Stony Creek Estate are priced at 20 percent below market rent and are close to schools and shops.
“This is an excellent opportunity for low to moderate income households to secure an affordable tenancy in the private market.
“It is also a massive boost to the local economy just when we need it, providing jobs for our trades people in an uncertain market,” Mr Pitt said.
The National Rental Affordability Scheme is a joint initiative between the Australian and Queensland Governments, which offers investors financial incentives to build new affordable rental properties in high need areas.
“The scheme aims to increase the supply of affordable housing and reduce rental costs for low and moderate income households,” Mr Pitt said.
“There are now 834 approved Queensland-based applications for developers to build affordable housing through the scheme.
“All of those properties will be either new or extensively refurbished.”
Mr Pitt said that eligible households would need to apply through the Department of Communities (Housing and Homelessness Services) to receive a referral to the developer’s tenancy manager.
“I encourage people who have had difficulty finding affordable rental accommodation to find out more about the National Rental Affordability Scheme,” Mr Pitt said.
The eligibility criteria to rent properties is available from the department’s website at www.housing.qld.gov.au/nras or by calling 1300 880 882.