Applications open for Residential Relief Grant Scheme
South Australian residential tenants who are suffering significant financial hardship as a result of COVID-19 restrictions may now apply for rent relief through a $1,000 grant to their landlords.
Under the new scheme, it is estimated as many as 10,000 tenancies could be assisted, worth approximately $10 million in rent support.
Based on similar schemes interstate, tenants would be eligible for State Government rent relief if they:
- are either receiving JobKeeper or JobSeeker payments, and
- have less than $5,000 in savings, and
- are paying more than 30% of their current income in rent.
This scheme will assist landlords and tenants, including those landlords who don’t qualify for existing government relief delivered via the emergency land tax relief scheme for landlords this financial year – because the value of their land falls below the land tax threshold.
The $1,000 rent relief grants will be provided to landlords of eligible tenants, provided revised rental terms have been agreed that deliver rent relief of at least $1,000.
The rent relief grant will be adjusted to reflect the value of the rent relief provided to an eligible tenant where it is less than $1,000.
Landlords and tenants will be required to demonstrate that a revised rental agreement has been negotiated as part of the application process.
Tenants are encouraged to apply online before 30 September 2020.
More information about the Residential Relief Grant Scheme can be found on the Department of Treasury and Finance website.Page last updated : 23 Jun 2020