About Rent Choice
You choose the home, we’ll provide a rent subsidy
The Northern Territory Government has invested $3 million in a rental subsidy scheme, designed and delivered by Venture Housing Company, and aimed at relieving rental stress for eligible Key Workers working in priority industries in the NT.
Investment in this Affordable Housing solution couldn’t come at a better time; as rents continue to rise and more NT families are experiencing extreme difficulties finding a home that is affordable – particularly Key Workers, the heart and soul of our community, and lifeblood of our economy.
The rental subsidy scheme, known as ‘Rent Choice’ is specifically designed to support Key Workers in the Darwin, Palmerston, Katherine, Tennant Creek and Alice Springs areas, and will give priority to those hard to fill roles within key industries including automotive, construction, health and human services, hospitality and tourism, logistics and transport. You can access the list of eligible occupations via this link.
Unlike other Affordable Housing arrangements (reliant on the availability of designated Affordable Housing properties), Rent Choice uniquely enables eligible key workers to;
- receive a rental subsidy of a max. $12,000 for up to twelve months, depending upon their household size and the rental location.
- source their own private rental accommodation through a licensed Real Estate Agent
- apply the subsidy payments to a lease extension through a licensed Real Estate Agent
The subsidy will be paid directly to the licensed Real Estate Agent by Venture Housing Company each month, for an agreed term. Subsidy payments can be applied to new lease agreements or lease extensions with a licensed Real Estate Agent. The lease commencement date must come after the Rent Choice voucher issue date. All leases must commence within 8 weeks from the voucher issue date.
Please view our Frequently Asked Questions which provide more detail on the conditions of the scheme.