Affordable housing is available to people on moderate to low incomes who cannot afford to purchase or own a property or rent in the private market, including key workers for the economy who need housing close to their place of work.
Tenants in affordable housing properties pay up to 30% of their gross income (income before tax) and Commonwealth Rent Assistance; in most cases rent is reviewed annually and set for the duration of the lease (for tenants on fixed term leases).
Gross income includes all forms of incomes and assets including any financial investments, annuities, inheritance etc. If a tenant owns property anywhere it must be declared. Once housed, all tenants must notify Amélie Housing immediately of any changes to income levels so that rent obligations may be reviewed as appropriate.