AAHS is an Approved Participant for over 3,000 NRAS allocations across Australia. As the Approved Participant, AAHS owns the NRAS allocations and can apply to appoint them to an eligible property. If an investor leaves the scheme, the NRAS allocation becomes available for substitution to another investment property.
When considering a substitution, it is important to bear in mind that a substitution is not about two dwellings, it is about one allocation and therefore the one incentive period of ten years. When an initial investor leaves the scheme, the remaining available years can be transferred to another investor (e.g. if an initial investor leaves after 4 years, the new investor acquires 6 years).
AAHS currently have allocations available across Australia that are suitable for brand new dwellings, recently completed or nearing completion. Each allocation has a cost which is based on the NRAS Years remaining until it's expiry date.
If you are interested in using an available allocation and providing housing support to Australians in need, please consider the following steps below and contact AAHS for any further questions or information.
You can find out more about the NRAS program and it’s benefits for investors here.