'You choose the home, we’ll provide a rent subsidy'
We are thrilled that the Northern Territory Labor Government is supporting workers with the cost of living by extending Rent Choice for another year through a $3 million investment in Budget 2024.
The Rent Choice Rental Subsidy Scheme strengthens home affordability for eligible key workers and low-income earners. Designed and administered by Venture Housing, the scheme provides access to safe, secure and affordable housing in the private rental market.
Available to those seeking to rent a home or extend an existing lease through licensed real estate agents, the scheme offers subsidies of up to $12,000 for up to 12 months depending on income, household size, and location. In addition to supporting key workers, the extended scheme will also support households exiting other affordable rental programs, such as those transitioning out of the National Rental Affordability Scheme.
Eligible people living in Darwin, Palmerston, Katherine, Tennant Creek and Alice Springs will be able to access the subsidy.
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Link to the NT Government Media Release