Investing in the NRAS Scheme
NRAS – National Rental Affordability Scheme
Since the launch of
the National Rental Affordability Scheme (NRAS) in early 2008 there has
been a huge growth in the properties within the Scheme as well as the
investors who are active within it. The NRAS Scheme is a government
backed program that provides affordable housing for mid-level income
earners in service industries such as police and school teachers. The
NRAS is not a low income housing solution, and does not cater to the
same tenants as a low income housing project.
NRAS