The National Rental Affordability Scheme (NRAS) in Victoria is ending with the final properties exiting the scheme by 2026. Investors at this time will be faced with the decision as to whether they wish to transition their properties to the open market, sell or retain them for affordable housing. The Victorian Government has said that its aim is to keep the properties within the affordability housing sector but encouraging collaboration with the Community Housing Providers (CHP).

Harwood Andrews is proud to have advised on one of Queensland’s most substantial affordable housing projects, which will change the lives of hundreds of future residents.

The project will deliver 483 affordable homes with support from the Queensland Government’s Housing Investment Fund.