More vulnerable young people to use private rental subsidy
The NSW Government is expanding the Youth Private Rental Subsidy to more young people at risk of becoming homeless.
The subsidy assists young people who are homeless or at risk of becoming homeless by paying rent starting at 25 per cent of their income. The subsidy also takes into account that it can be more expensive to live in areas close to education and work, so some young people will be given more to help them pay higher rents.
NSW Minister for Social Housing Brad Hazzard said the subsidy will be expanded to Wagga Wagga and the Central Coast.
"This subsidy has already been successfully trialled in the Hunter New England region, and was recently launched in Nepean-Blue Mountains and Western NSW – it is currently assisting 70 young people into housing and a future." Mr Hazzard said.
The subsidy is rolling out to four other areas during 2016-17 and is expected to help at least 290 young people each year.
Read more about the Youth Private Rental Subsidy (PDF, 39kb)