The National Rental Affordability Scheme, an Australian Government initiative, financially supported by the Queensland Government, will help increase the supply of affordable rental dwellings across Australia by up to 50,000 dwellings by 2012, and a further 50,000 after July 2012, subject to demand.

The Scheme seeks to address the shortage of affordable rental housing by offering financial incentives, to investors to build and rent dwellings, to low and moderate income households at 25 per cent below market rates for a period of up to 10 years.

• increase the supply of new affordable rental housing
• reduce rental costs for low and moderate income households