Rents are set at 74.9% of the market rent. Each year, a registered valuer undertakes a rental valuation of our properties. Rent increases may be applied in keeping with the Residential Tenancies and Rooming Accommodation Act 2008.
When applications are made for affordable housing properties within BHC, our team will undertake an affordability assessment. We aim for housing allocations which do not place tenants in financial hardship.
BHC Rent Setting Policy
BHC tenants participate in an annual review of their income and assets to ensure they remain within eligibility limits. This is essential to fulfill our obligation to provide housing for individuals and families on low to moderate incomes, who would otherwise find it challenging to rent in the private market.
The BHC Rent Setting Policy may change over time.