SPECIALIST DISABILITY ACCOMMODATION
Amazing Opportunities Exist For High Yield, Lower Risk Property Associated With The Australian Government’s National Disability Insurance Scheme (NDIS)
NDIS is the ‘National Disability Insurance Scheme' designed by the Australian Federal Government to assist participants with independent living or getting participants into more appropriate living arrangements.
The Australian Government’s NDIS (National Disability Insurance Scheme) has created a need and demand for high-quality Specialist Disability Accommodation (SDA). While the specialist nature of the features and design compliance of SDA housing typically requires moderately higher entry cost, the investor return is significantly higher than traditional residential housing.
Specialist Disability Accommodation (SDA) property is backed by the National Disability Insurance Agency (NDIA).
According to Productivity Commission review and analysis, suitable Australian residential property to satisfy the National Disability Insurance Scheme (NDIS) is chronically under-supplied.
Of the more than 400,000 participants in the National Disability Insurance Scheme (NDIS). Around 12,000 of those participants are in real need of more suitable accommodation.
An estimated 28,000 people require Specialised Disability Accomodation (SDA) property to be built. This number is growing every year and so your SDA Property investment will have ongoing demand for years to come.
National Disability Insurance Scheme (NDIS) and Specialist Disability Accommodation (SDA) FAQ
What is SDA?
Specialist Disability Accommodation (SDA) is housing that has been specially designed or modified to suit the needs of people who have an 'extreme functional impairment' or 'very high support needs'.
Where participants are eligible, the NDIS funds the cost of the housing through SDA payments to an SDA provider.
What is NDIS?
The NDIS is a government initiative to assist participants to live independently. This includes:
Supports that build people's capacity to live independently in the community, supports to improve living skills, money and household management, social and communication skills and behavioural management.
Home modifications to the participant's own home or a private rental property and on a case-by-case basis in social housing.
Support with personal care, such as assistance with showering and dressing. Help around the home where the participant is unable to undertake these tasks due to their disability, such as assistance with cleaning and laundry.
The NDIS may also contribute to the cost of accommodation in situations where the participant has a need for specialised housing due to their disability.
What is SIL?
Supported Independent Living.
When people with mental illnesses and disabilities receive support, usually 24/7, to help each person live as independently as possible. This can sometimes be a group of people sharing a home together, or one person receiving support in their own home.
What is OOA?
On-site Overnight Assistance.
On-site Overnight Assistance (OOA) requires an additional space to be used by support staff who provide support services overnight to participants living in the same dwelling that contains the OOA space (or in a near-by dwelling).
What are the Obligations of SDA Registered Providers?
Registered Providers must have a written service agreement for SDA with the participant.
Find out more in the NDIS, NDIA guide documentation.
National Disability Insurance Scheme and Specialist Disability Accommodation require Investors to support much needed growth.
Specialist Disability Accommodation provides investors with a very powerful Social Impact Investment vehicle. Make significant and demonstrable positive change to people's lives. Beyond the immeasurable sastifaction of improving other people's lives, enjoy the benefits of significant financial reward.