NDIS Loan
Like to buy an NDIS property? Like to invest in SDA property?
Investing in NDIS housing and building a home for Australians with disability provides a desirable outcome for everyone involved. The NDIS participants of your NDIS property (tenants) get to live in a comfortable home tailor-built to suit their needs, while you the investor get to enjoy Government-backed income that is both rewarding and secure. Government-backed investments are among the safest assets around.
The National Disability Insurance Scheme (NDIS) is giving people with disability more control over their housing and support, offering individualised options not previously available. The NDIS has introduced Specialist Disability Accommodation (SDA) to support people with complex or high-level physical disability to access housing. The SDA payment is included in eligible participants’ NDIS plans and is held by the NDIA on behalf of the participant. The value of the payment is dependent on a person’s needs and the dwelling they choose to live in. The participant is in control of where they live and can choose a dwelling registered with the National Disability Insurance Agency (NDIA).
For people receiving SDA payments, home ownership may also be an option. This means that the participant, or their family, can buy a property and use their SDA payments to cover the mortgage. Because of these changes there is now a demand for home ownership products to meet the needs of people with disability. As SDA payments are new, banks and financial institutions are working out how to provide home and investor loans to people receiving payments.
Our expert can help with identify lending options for people receiving SDA payments and to those wanting to invest in SDA accommodation.
Here some Key Information
The NDIS (National Disability Insurance Scheme) provides funding to eligible people based on their individual needs.
Eligible people, known as participants, have an individual plan that lists their goals and the funding they have received. NDIS participants use their funding to purchase supports and services that will help them pursue their goals.
SDA (Specialist Disability Accommodation) is a new housing market specifically for people with disability which is emerging across Australia.
But this is not for everyone with disability, rather only for people with disability who have very high support needs.
NDIS will deliver through an ongoing subsidy for people with disability to access housing, Specialist Disability Accommodation (SDA) payments. In July 2016, NDIS introduced a funding stream to build new accessible and affordable housing for 28,000 Australians living with disabilities.
Investing in NDIS can be very life changing for you at the same time it is highly and socially responsible investment by providing an Australian living with disability a purpose-built home.
Aside from the obvious social outcomes, investing in an SDA property comes with some unprecedented financial outcomes:
- Government Backed – NDIS is funded by the federal and states government.
$22 Billion Funding A Year – NDIS will provide $22 billion in funding a year to qualified disabled people.
Specialist Disability Accommodation – NDIS do not own or operate any SDA – Specialist Disability Accommodation.
$5 Billion Investment Required – It is estimated that $5 billion private sector investment is required to construct SDA houses to meet demand.
Custom Design – SDA homes are specially built to exact standards, set out buy the NDIS Specialist Disability Accommodation Design Standard.
$700 Million Rental Payment – NDIS has estimated that $700 million per annum will be spent on SDA paid by the NDIS.
SDA Provider – You need to engage a SDA provider to secure eligible disable tenants
$5-10K Monthly Rental Income – Depending on the type and number of tenants, you could receive monthly rental income of $6-10K.
