| Affordable Housing Portfolio |
The total range of projects approved under the Scheme for a particular Provider. |
| Commonwealth contribution |
A contribution by the Commonwealth Government to the National Rental Incentive. |
| FaHCSIA |
The Commonwealth Department of Families, Housing, Community Services and Indigenous Affairs. |
| Dwellings |
Newly-constructed dwellings that have not yet been occupied on a residential basis or are being substantially rehabilitated. Refurbishment of existing rental dwellings will not be considered unless refurbishment leads to a net increase in the number of dwellings. |
| Financial institutions |
This group may include banks, superannuation funds, credit unions, property trusts listed on the Australian Stock Exchange and unlisted funds management trusts. |
| National Rental Incentive |
The Incentive paid to successful applicants under the Scheme, comprising a Commonwealth contribution and a State/Territory Government contribution |
| Project |
A single group of dwellings in a nominated location included as part of a Proposal for funding under the Scheme. |
| Proposal |
An application for provision of Incentives under the Scheme. It may include one or more projects. |
| Provider |
An entity that undertakes overall responsibility for compliance with the terms on which a Proposal is granted Incentives under the Scheme and is the signatory on the Agreement. |
| Non-Profit |
An organisation that has charitable tax status. |
| Recipient |
The organisation that receives payment of the rental incentive direct from the Commonwealth and State/Territory governments. In most cases this will be the property owner. |
| Tenancy Manager |
The organisation that is responsible for managing the tenancy. This includes ensuring the eligibility of tenants and for obtaining an independent valuation of market rent for the dwelling. |
