The financial incentive, payable either as a grant or refundable tax offset, is paid annually for up to 10 years. To remain eligible
to receive the incentive, known as the NRAS Incentive, the investor must rent their property to low and moderate income
households at 20 per cent below market rates. 

The annual income-tax free Incentive is currently $9,140 per dwelling, and is indexed each year to the rental component of the CPI. The Incentive comprises:

>> an Australian Government contribution of $6,855 per dwelling per year (as a refundable tax offset or payment); and
>> a State or Territory Government contribution of $2,285 per dwelling per year (in direct or in-kind financial support).