This policy relates to Part 2 of Housing Regulation 2009, division 2 of the NSW Residential Tenancies Act 2010, and the Housing NSW Charging Rent Policy.
The purpose of this policy is to outline the process for calculation of rent payable by tenants of SCH Social Housing properties.
Market rent is rent paid for similar properties within the local rental market.
Rebated rent is the amount a tenant must pay when we calculate rent as a percentage of the tenant’s assessable household income plus any Commonwealth Rent Assistance.
The rent subsidy is the difference between rebated rent and the market rent for a property.
This policy applies to all SCH managed social housing properties.
The maximum amount payable for a Social Housing property by any tenant will be Market Rent. This is the amount shown on Residential Tenancy Agreements or subsequent Annual Market Rent reviews and is the maximum rent the tenant will be expected to pay, as varied by rent reviews.
However, Social Housing tenants may be eligible to pay Rebated Rent, based on their household income. Rebated Rent for Social housing will be reviewed six monthly in line with Centrelink payment increases, and when a tenant advises a change in household members or incomes.