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  A new National Rental Affordability SchemeScheme 

  • 250,000 newly constructed dwellings over 10 years at a cost of $6.6bn. 
  • 20,000 dwellings in the first 4 years at a cumulative cost of the incentive ($8,500) of $102m. 
  • $8,500 subsidy to institutional investors per annum over 15 years ($127,500). 
  • Rent charged at 20 per cent below market rent. 
  • Properties to be owned or managed by community housing providers. 

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