Eligibility for NRAS program Affordable Housing is assessed on your household income, which must be within the maximum limits set by the Australian Government’s National Rental Affordability Scheme (NRAS) and a minimum income based on the percentage of your income which will be used for rent. Additional factors which will be considered include your assets, your residency status and your ability to maintain a successful tenancy.
Each year , we will ask every tenant to provide current income details for the purpose of assessing their income to determine ongoing eligibility.
Maximum Income Limits for Affordable Housing
The majority of Venture’s Affordable Homes are available at below market rent as part of the National Rental Affordability Scheme (NRAS).
A household’s gross income for the 12 months prior to the commencement of a tenancy of an NRAS home must be equal to or less than the relevant income limit for the household’s composition.
Register your interest
To be considered for Venture’s affordable housing properties, you must register via our online Expression of Interest (EOI) registration form by following the steps below.
Please note that this Expression of Interest is for Venture's owned and managed affordable homes. If you are looking to rent in the private rental market with a Rent Choice rental subsidy, please click on this link
Check your eligibility
Complete our online Expression of Interest registration form
Please ensure you have your annual household income for the last financial year, and your current weekly household income (including Centrelink, family tax benefit, child support, overseas pensions or salary, ongoing family support or superannuation received) on hand before you proceed to register your interest.
Review information provided
If your registration meets our initial eligibility requirements, you will be advised and provided with information regarding the application process.
Prepare to apply
Start gathering the relevant information required so that you are well prepared to submit an application for a property when one becomes available.
Useful Tip: When submitting an application, it is important that all information and supporting documents are current, such as bank statements and payslips.
We suggest updating the form as your situation changes and filing payslips and statements somewhere each month to ensure they are always on hand when you need them.
What to expect once registered
Once you have registered your interest, you will receive an email either:
a) advising that the information provided did not meet our initial eligibility requirements, or;
b) confirming that the information you provided meets the initial eligibility requirements and you have been added to our Affordable Housing Register. This email will also provide details of the application process for a property once a suitable one becomes available.
When a property becomes available that meets your needs, we will contact you to check if your situation has changed.
If you are still deemed eligible, we will provide you with details of the property and how to apply.
If you wish to apply, you must submit your application form with current supporting documentation within the timeframe* provided by Venture staff
Useful Tip: contact your references and let them know to expect a call.
*The timeframe provided to submit your application could be as short as 48hrs.
We will check your application, assess your income to confirm your eligibility and contact your references.
We try to do this as quickly as possible; we sometimes need to wait to hear back from referees.
Once your suitability is confirmed, your details will be forwarded to the tenancy team and they will contact you with details to view the property.
It is likely that there will be other approved applicants invited to view the same property.
Venture will consider its Policy and priority criteria when identifying the most suitable applicant for the property. The successful applicant will be notified following the viewing.
Our staff are happy to assist you with any queries you may have in the process.
Venture Housing does not provide short-term or crisis accommodation. If you need help with crisis accommodation, please check out the Shelter Me app at https://www.shelterme.org.au/