The Territory Government is giving $3 million to not-for-profit company Venture Housing to establish and administer a new private rental subsidy scheme, which will see a maximum rental subsidy of $12,000 for up to 12 months for workers in some industries.
Territory Families and Urban House Minister Kate Worden said the scheme called Rent Choice, would operate in Darwin, Palmerston, Katherine, Tennant Creek and Alice Springs, and include occupations in priority industries including health, nursing and human services, hospitality, automotive, transport and logistics and construction.
She said under the scheme, eligible workers could find their own private rental housing and receive a maximum rental subsidy of $12,000 for up to 12 months, depending upon their income, household size and rental location.
The Minister gave no detail of what period of time the grant money covered, and exactly how much the scheme would cost per year, or how many workers they calculated it would attract, or why it needed an outside body to administer such a scheme.
“The rental subsidy will assist our low to medium income earners be able to afford a rental property of their own, which means they can continue working and sending their children to school, without having to worry about needing to move again,” she said.
Ms Worden said the scheme aimed to increase the workforce to encourage business investment in the Territory and grow the population.
Venture Housing Company chief executive officer Karen Walsh said thriving communities depend on viable businesses and key workers.
“Venture is committed to delivering social and economic outcomes – and safe, secure, affordable housing is critical to making this happen. We believe that this much needed investment from the Government will have a really big impact and make a difference in people’s lives”