Residents in North Canberra will have access to more affordable rental accommodation under the Gillard Government's National Rental Affordability Scheme (NRAS).

Andrew Leigh, Member for Fraser, welcomed the announcement of successful applications for NRAS round four which will deliver over 200 projects to build more than 17,000 properties for low to moderate income households to rent below market rate. "I know the cost of rent is a real pressure for families and students in Canberra”, Andrew Leigh said. “That’s why the Gillard Government is investing in addressing housing affordability to increase the supply of affordable rental properties. It’s important to ensure that there are affordable accommodation options for families as well as students so that living and studying in Canberra remains an attractive option.

“I am very pleased to welcome investment in these three projects. Community Housing Canberra, the United Vietnamese Buddhist Congregation and the University of Canberra have all successfully applied for funding for a range of different dwellings. Together, these projects will see the construction of more than 1500 dwellings around Canberra’s north side.

“Before Labor came to office there were no programs aimed at improving the availability of affordable rental properties.