Mission Australia has welcomed the Federal Government’s decision to reverse its planned cuts to the National Rental Affordability Scheme (NRAS).
The cuts were announced several weeks ago as part of the Federal Government’s response to the Queensland floods.
“Since the cuts were first announced Mission Australia has been very vocal in making its opposition known and we’re very pleased our voice – along with those of many other concerned citizens and housing and welfare organisations and industry – has been heard,” said Mission Australia’s CEO, Mr Toby Hall.
“Full credit to the government - it recognised this was a mistake and was mature enough to back down from its position.
“NRAS is a key plank in the nation’s fight against homelessness.
“One of the best things we can do to bring down the numbers of homeless people is to “turn off the tap” and stop people becoming homeless in the first place – NRAS plays a significant role in doing just that.”
NRAS boosts the supply of affordable rental housing by providing a financial incentive to community and private investors if they charge 20 per cent or more below market rental rate.
“While NRAS has only been in operation for three years its impact is already being felt – in Mission Australia’s case, particularly in areas like Western Sydney.
“This is a good result and once again we congratulate the Federal Government on its decision,” said Mr Hall.
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