Rental subsidy scheme supports NT's key workers

Media Release

Ngaree Ah Kit, Minister for Urban Housing

 

The NT Government is supporting workers with the cost of living by extending a rental subsidy scheme for another year through a $3 million investment in Budget 2024.

The Rent Choice Rental Subsidy Scheme strengthens home affordability for eligible key workers and low income earners.

Designed and administered by Tier 1 Community Housing Provider, Venture Housing, the scheme provides access to safe, secure and affordable housing in the private rental market.

Available to those seeking to rent a home or extend an existing lease through licensed real estate agents, the scheme offers subsidies of up to $12,000 for up to 12 months depending on income, household size, and location.

In addition to supporting key workers, the extended scheme will also support households exiting other affordable rental programs, such as those transitioning out of the National Rental Affordability Scheme.

People living in Darwin, Palmerston, Katherine, Tennant Creek and Alice Springs are eligible for the subsidy.

Eligible workers in priority industries include teachers, tradies, hairdressers, nurses, landscapers, receptionists, taxi drivers, hospitality workers, and many more.

Around 250 key workers in priority industries who are eligible for this subsidy are listed here

For more information about the Rent Choice Rental Subsidy Scheme, see here.

 

 

Quotes attributable to Minister for Urban Housing Ngaree Ah Kit

“Safe, secure, affordable housing for workers is a key priority for the Territory Labor Government.

“We are backing our workers by providing affordable housing options that enable them to rent a home close to work.

“This is also good news for businesses, agencies, and organisations who can use the scheme as a drawcard to attract and retain workers.”

 

Quotes attributable to Venture Housing CEO Karen Walsh

“We’re excited to be expanding the Rent Choice Program through this additional funding from the Northern Territory Government.

“Rent Choice was born out of the need to keep the Territory affordable for all Territorians, especially for key workers - the lifeblood of our community, businesses and economy. Thriving communities depend on viable businesses and key workers.  

“Venture is committed to delivering social and economic impacts through responsive housing solutions and we know from feedback from our Rent Choice participants and stakeholders this investment will make a huge impact in people’s lives.”