June 2023 Investor Update

Our June 2023 newsletter provides an update on NRAS incentives, NRAS figures and staffing changes. Please see the full newsletter here.

2021-2022 NRAS Incentive Claim Update

AAHS successfully submitted all 3,295 Incentive claims on 18 May 2022. The Department of Social Services (DSS) have started processing the claims. We anticipate the claims will be ready for Delegate approval by August 2022. AAHS will issue the Refundable Tax Offset Certificate (RTO) once we have received notification from the DSS.

2022-23 NRAS Market Index

The 2022-23 Market Index Values and NRAS Incentive Values have been published by the Department of Social Security. Read our full update for more information.

2020-21 South Australia NRAS Incentive Payments

AAHS has now received the 2020-21 State incentive payments for South Australia. We have commenced and will continue to issue funds to Investors that have already received their RTO for the property.

2020-21 Victoria NRAS Incentive Payments

AAHS has now received the 2020-21 State incentive payments for Victoria. We have commenced and will continue to issue funds to Investors that have already received their RTO for the property.

Preparing for the end of NRAS

The NRAS commenced in 2008, providing an annual incentive to approved participants to provide affordable rental dwellings at least 20 percent below market rates. Dwellings began to exit the NRAS from August 2018 and incentive allocations will reach their conclusion through to June 2026.