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QAHC

The Queensland Affordable Housing Consortium [QAHC] is a not-for-profit company limited by guarantee. It is also an endorsed Tax Concession Charity. 

Its mission is to meet the need for affordable housing by bringing together developers, investors and property managers to deliver new rental housing under the Commonwealth’s National Rental Affordability Scheme [NRAS]. 

A National Mission

The Consortium is the National Leader in NRAS Allocations with ready 1,000 Approved Dwellings as at 15 September 2009.

The Consortium aims to provide 10,000 dwellings nationally by the end of 2012.

The Consortium operates as a social business, utilising commercial business principles to achieve good social outcomes.

Our Board of Directors

The Consortium has a skill based Board of Directors that are nominated by our principle stakeholders:

Independent Chairman       The Hon Tom Barton
Director Ann Bennison [ Nominated by the Local Government Association of Qld]
Director  Brad Hosking [Nominated by the Urban Development Institute of Australia]
Director Jeff Dutton [ Nominated by Queensland Community Housing Coalition Ltd]

The Company Secretary and Chief Executive Officer is Mike Myers. Click here for biography.

Our Members

The Consortium has over 50 member organisations. The majority of members are Developers and other commercial entities operating in property development, project management, building or marketing. Other members include Local Governments and non-profit housing organisations.

By joining the Consortium you will be able to influence the directions of the Company, attend special events and link with other members to add value to your NRAS business.

Join today.

Check out our Constitution.

Our Business Model and Role

The Government has established 10 year Tax Incentives through the NRAS Scheme to support the delivery of 50,000 new rental homes.

The homes are rented to eligible customers at a discount.

 The keys to successful NRAS projects are:

  • They produce well located dwellings that meet market standards and local demand
  • Projects must be commercially viable
  • They must be affordable and attractive to tenants and preferably be let on long term leases
  • They must be well marketed and attractive to investors

The Consortium brings together the private and community sectors into a new industry model to maximise the supply of NRAS. Each party plays its traditional role.

The Consortium specialises in co-ordinating the parties and this means:

  • Assessing, preparing and lodging projects that developers submit for NRAS approval
  • Meeting the 10 year compliance requirements as an NRAS Approved Participant. [10 year Headlease / 10 Years of NRAS Incentives]
  • Selecting experienced property managers who meet national standards [mostly non-profit housing companies] and operating through QAHC’s tr-partite Property Management Agreement
  • Providing access to a national investment platform via our partnership with DNA Mutual

Click here to see our Business Model Chart.

Click here to see a QAHC Update.

A National Institutional Strength Investment Platform

The Consortium has helped to establish DNA Mutual as a National NFP Entity to create an Institutional Strength Investment Platform

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