2017-2018 NRAS Year - Incentive Claim Update #3
AAHS issued the majority of the Federal incentives/RTOs to our Investors on the 29 June 2018.
Each State Government will process the state incentive portion of these incentives individually. We anticipate that AAHS should be in a position to issue these state incentives by mid-August 2018. Additional updates will be provided once further information is known.
If you have not yet received your Federal incentive/RTO, it could be because:
- The Federal incentive was a partial payment. This could be because the property is new to the NRAS or a property which was sold during the 2017-18 year. Alternately, the incentive could be a partial payment due to excess vacancy periods. Partial payment RTO’s should be issued by AAHS by 31 July 2018.
- Your incentive is still being assessed by the Department of Social Services. AAHS is still waiting for a small number of claims to be assessed and these should be available at the end of July 2018.
Please do not hesitate to contact us if you have any queries regarding the 2017-18 NRAS Incentives.