Webwith affordable rent costs fixed for three years, renters have time to save for a house deposit or move back to a private rental.
Once the first three years are complete, eligible.
Webunder the program, rents in metropolitan melbourne are set at least 10 per cent below the area’s median market rent, with the added protection of a cap set at 30 per cent of the.
Webour research shows that for every $1 invested in affordable housing, the community benefits by $3 due to worker retention, educational benefits, enhanced human capital,.