If you own an investment property in the ACT and want to make a lasting difference in the life of a local older woman, single mum or dad, or a family, Rentwell is your opportunity.
In return, you will be exempt from land tax and will receive a tax deduction for the difference between the market rent and the affordable rent.
Having affordable and secure housing gives people a chance to get their lives back on track and allows kids to form secure relationships at home, at school and in the community. Jude, one of our first property owners to come on board with Rentwell, said it was a way for her and her partner to “make our money mean something”. You can read more on Jude’s experiences.
The social return on your investment with Rentwell cannot be underestimated. The below impact areas are key to Rentwell’s success.
Short term
- Property owners have reliable, responsible and respectful tenants
- Tenants have Affordable, safe, suitable and secure homes
- Tenants health, wellbeing, self-determination and agency prioritised
Medium term
- Property owners have reliable, responsible and respectful tenants
- Tenants have increased capacity to maintain affordable housing
- Tenants are linked in with community and other services as required
Long term
- Property owners have reliable, responsible and respectful tenants
- Tenants experience improved social, emotional and physical wellbeing
- Tenants have increased social, community and economic participation
- Tenants have increased independence and personal agency and positive lifestyle choices
- Children of tenants have improved wellbeing, academic performance, relationships and family life
Increased affordable, safe, suitable and secure housing in the ACT