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QUEENSLAND AFFORDABLE HOUSING CONSORTIUM

QUEENSLAND AFFORDABLE HOUSING CONSORTIUM. Affordable Housing Solutions. ceo@qahc.asn.au 07 3844 9947. About The National Rental Affordability Scheme.

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QUEENSLAND AFFORDABLE HOUSING CONSORTIUM

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  1. QUEENSLAND AFFORDABLE HOUSING CONSORTIUM Affordable Housing Solutions ceo@qahc.asn.au 07 3844 9947

  2. About The National Rental Affordability Scheme Australian Government initiative to increase supply of Affordable Rental Dwellings by a minimum of 50,000. [40,000 currently approved, 6,000+ built and tenanted] Seeks to drive new investment, with a goal to attract institutional investment, via an NRAS Tax Free Incentive. Currently $9,524 per dwelling per year for 10 years Indexed. The Incentive is $7,143 from the Australian Government as a Fully Refundable Tax Offset Certificate and $2,381 from the State/Territory as a cash payment that is Tax Free each year. Newly built dwellings 1.5m households eligible to tenant nras [ Wide income criteria includes up to $44,000 for singles and up to $104,000 for families + 25% earning upper limit] QAHC-NRAS Rents are discounted by 25% from market rents and QAHC offers short and long term leases to tenants

  3. ABOUT QAHC • NFP Company & charity with skill based board of Directors • Prof George Earl. Head of the Mirvac School of Sustainable Development. Bond University • Karen Smith- Pomeroy. Head of Risk-Banking. Suncorp Bank • Brad Hosking. Head of Business School. Swinburne University. Melbourne • Jeff Dutton. Consultant on organisational development and risk management • Steve Denaro. Chartered Accountant and business owner • Specialises in NRAS & Affordable Housing. Facilitates Developers, Builders, Marketers and Property Managers • Largest NRAS Approved Participant in Australia with 3,910 Allocations to deliver by June 2014. Sold over 1300 dwellings. Completed over 850 to date. Approved in Qld, NSW, Victoria and W.A • Development partners include: Lendlease: Australand: AV Jennings: Mirvac: Stocklands: Peet: Property Solutions and leading NRAS Builders like Oracle and Parkside/Tropical homes and Rivergum Homes • QAHC approach seeks to complement developer strategies in terms of mixed stock, mixed tenure and long term value.

  4. TOWNSVILLE – 140 built and tenanted. 100 under construction and a total of 450 delivered by June 2014.

  5. QAHC-NRAS Townhouses Major townhouse partners include AV Jennings, Heran Building Group and Vision 2000

  6. QAHC-NRAS HOMES in Cairns, Chinchilla, Proserpine, Gladstone and Mackay

  7. 21 homes in Pimpama already tenanted and 9 homes in Big Sky Coomera and 20 in Mirvac’s Gainsborough Greens and 5 in Ormeau under construction • 3 and 4 bed houses • 8 schools within 10 km • Gold Coast to Brisbane train service • Accessible for shops and services

  8. Top Left: 39 NRAS Apartments in Caboolture-Tenanting now: Top Right: 30 NRAS Apartments in Redcliffe – All tenanted:Bottom Left: 28 NRAS Apartments in Brisbane-All Tenanted. Bottom Right. 32 NRAS Studio units in Ashfield, Sydney-At Fit-Out-All held by a single investment group

  9. Tenanting Now- 54 X 1 and 2 Bed Units For over 55’s in Caloundra • Services and recreation on site • Bus service located 25 m walking distance • 2 km from CaloundraCBD

  10. 40x2 bed and 32 studio QAHC-NRAS apartments in Redcliffe. Developed and owned by Family Trust [Single Investor].

  11. Qld Affordable Housing Consortium A National Leader in NRAS Delivery Mike Myers QAHC CEO and Company Secretary ceo@qahc.asn.au 0438 112 553 07 3844 9947 368 Montague Rd. South Brisbane. Qld 4101

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