Shared housing and Income Related Rent Subsidy
The market rent rate or agreed rent rate for a social housing property that is providing shared housing is set based on each bedroom.
For the purposes of shared housing, the Income Related Rent Subsidy is then paid for the difference between the rate of Income Related Rent calculated for the tenant and the market rent rate or agreed rent rate for the bedroom.
Example 1 - Market Rent
Income Related Rent rate is lower than the market rent rate for the bedroom.
Market rent rate for the bedroom | Income Related Rent for tenant | Rent charged by housing provider | Income Related Rent Subsidy |
$180 | $91 | $91 | $89 |
Example 2 - Agreed Rent
Income Related Rent rate is lower than the agreed rent rate for the bedroom.
Agreed rent rate for the bedroom | Market Rent | Income Related Rent for tenant | Rent charged by housing provider | Income Related Rent Subsidy |
$200 | $180 | $91 | $91 | $109 |
