How do I apply?
You must first register your interest in one property type and indicate your eligibility, by providing the information requested on the form. Affordability is an important factor and is measured as rent being no more than 35% of your Net Income, this is one of the core eligibility criteria for the scheme and these will be used to initially stream applicants into the lottery process.
Applicants successful in the lottery will be asked to document their Net Income calculation as part of the information required to move to the next phase. Affordability is based on the rent being no more than 35% of your Net Income. Applicants will also be requested to upload all the required supporting documents, as evidence that they are eligible for Cost Rental Housing and will have 120 hours to complete this process after which time the offer will be revoked and the property offered to the next person drawn from the lottery.
If we have insufficient expressions of interest from applicants who meet the affordability criteria we may open a lottery for applicants in excess of this figure. However they will be asked to provide details of their rent history for the previous two years (that they have paid a similar or higher rent) and to demonstrate they have not defaulted on rent in order to assess their ability to pay a higher percentage of Net Income as rent.