1. What is Community Housing Rent?

Community Housing Rent in NSW is calculated as the lesser of 30% of the tenant's adjusted income or the maximum rent under the NSW Housing Scheme. This ensures housing remains affordable for low-income households.

2. How Does the Calculator Work?

The calculator uses the NSW Community Housing Rent formula:

Where:

• Adjusted Income — The household's total assessable income after any applicable deductions
• NSW Scheme Cap — The maximum rent payable under the NSW Housing Scheme

Explanation: The calculation ensures tenants pay no more than 30% of their income in rent, while also not exceeding the scheme's maximum allowable rent.

3. Importance of Rent Calculation

Details: Accurate rent calculation is crucial for maintaining housing affordability, ensuring compliance with NSW housing policies, and helping households budget effectively.

4. Using the Calculator

Tips: Enter your adjusted income in AUD and the current NSW Scheme Cap in AUD. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What counts as adjusted income?
A: Adjusted income typically includes wages, pensions, and other regular income after approved deductions like dependent child allowances.

Q2: How often is the NSW Scheme Cap updated?
A: The cap is usually reviewed annually but may change more frequently based on housing market conditions.

Q3: Are there different caps for different areas?
A: Yes, some high-cost areas may have higher caps than regional areas. Check with your housing provider.

Q4: What if my income changes during the year?
A: You should notify your housing provider of significant income changes as this may affect your rent calculation.

Q5: Are utilities included in this rent calculation?
A: This depends on your specific housing agreement. Some properties include utilities while others charge them separately.