THE $1500 Tenancy Guarantee Program has had a slow start, but “once the word gets out” it is expected to help struggling families find affordable housing.
The program, which sees landlords offered $1500 on top of normal rental bond to take on struggling families as tenants, was announced by the state government last year and is funded under the National Partnership Agreement on Homelessness.
It was initially expected to start last October, but was delayed until April.
A state government spokesman said eight families had secured rental homes through the program so far.
He said another nine families had been assessed as being eligible and were seeking appropriate rentals.
Colony 47 chief executive Therese Taylor said the program had had a slow take-off, but it wasn’t because landlords weren’t happy with the program, it was because of the high demand for rental properties.
“As soon as a house is on the market it is being snapped up, so landlords really don’t have a reason to say ‘OK I’ll have a look at the tenancy guarantee’,” Ms Taylor said.
“But I think success will breed success.
“Once you get a few people going in like we have now, word does spread.”
The program aims to provide an extra peace of mind to landlords so that they feel confident giving prospective tenants – who may be low to moderate-income earners, who may not have any prior rental history or who may have a larger family – a lease.
Ms Taylor said there were plans to bring in a tenancy guarantee for youth in the near future.
This story Administrator ready to work first appeared on Nanjing Night Net.