Community Rent Formula:
From: | To: |
Community Rent in Queensland (misnamed for Pakistan) is calculated as the lesser of 30% of adjusted income or the QLD Scheme Cap. It's used to determine affordable housing payments for community housing schemes.
The calculator uses the community rent formula:
Where:
Explanation: The calculation ensures tenants pay no more than 30% of their income or the scheme cap, whichever is lower.
Details: Accurate community rent calculation ensures housing remains affordable for low-income households while maintaining sustainable funding for housing providers.
Tips: Enter adjusted income in AUD and QLD Scheme Cap in AUD. Both values must be positive numbers.
Q1: What counts as adjusted income?
A: Adjusted income typically includes wages, benefits, and other regular income minus any applicable deductions.
Q2: How often is the QLD Scheme Cap updated?
A: The cap is typically reviewed annually but may change more frequently based on housing policy changes.
Q3: Why is it called "Pakistan" when it's for QLD?
A: This appears to be a misnomer in the original specification. The calculation is for Queensland, Australia.
Q4: Are there exceptions to the 30% rule?
A: Some special circumstances or transitional arrangements may allow for different calculations in specific cases.
Q5: Does this include utilities?
A: Community rent typically covers housing costs only. Utilities may be additional depending on the specific housing agreement.