Real Housing for Growth
The Real Housing for Growth plan provides more affordable housing choices to people living in the Northern Territory (NT).
It consists of several different initiatives which aim to increase housing supply and ease housing cost pressures to support, attract and retain key workers in the NT.
There are a number of initiatives open to people renting in the NT.
This program provides NT Government backed head leases over privately owned dwellings, which are then rented to key service industry workers at 30% below market rates.
More information about the head-leasing initiative, including criteria can be found on the Northern Territory Government website.
National Rental Affordability Scheme
Provides affordable rentals to eligible low income earners at no more than 80% of market rates.
Venture Housing Company
Provides affordable rental housing for low to moderate income earners in the Territory who are unable to afford private rents and may not qualify for public housing.
The NT Government is encouraging home ownership through initiatives, such as the:
Home Buyers Initiative
Provides opportunities for eligible NT residents to purchase their own land at affordable price points.
Home Build Access
Provides low deposit and low interest loans, targeted at new dwellings, eligible to NT residents.
More information about these initiatives can be found here.
Last updated: 19 September 2018