CORONAVIRUS COVID-19 PANDEMICRESIDENTIAL PROPERTY

Rental grant for South Australian landlords

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THE South Australian government has launched a second round of rental grants of up to $1,000 for residential landlords who reduce the rent of a tenant experiencing rental hardship due to the COVID-19 pandemic.

To be eligible for a second grant the tenant must be significantly impacted by COVID-19, have less than $5,000 in savings and pay more than 30% of their current income in rent.

Furthermore, a revised rental agreement must reflect that the landlord has provided rent relief to the tenant since 1 October 2020 and/or will provide relief by 30 March 2021. Applications for the second round closes 30 March 2021.

At the same time, the application deadline for the first round of rental grants has also been extended to 30 March 2021.

To be eligible for the first round grant, an agreement will need to be in place that reflects that the landlord has provided rent relief to a tenant since 30 March 2020 and provided such relief before 30 September 2020.

The rental grant is in addition to any land tax relief provided under the government’s scheme for landlords.

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