ABOUT THE NDIS
What is the NDIS?
The National Disability Insurance Scheme (NDIS) is a welfare support scheme that provides funding for people with permanent and significant disabilities.
The NDIS covers any reasonable and necessary support including disability-friendly housing options that create a safe and secure environment to live in, referred to as Specialist Disability Accommodation (SDA).
The NDIS already provides funding to an estimated 500,000 Australians living with a disability.
Is SDA Funding here to stay?
SDA Funding under the NDIS is a legislated commitment of Australia's Commonwealth, State and Territory governments, set out in the NDIS SDA Rules (2016) under the NDIS Act (2013).
This legislation provides the foundation for government's long-term and firm commitment to SDA funding under the NDIS.
Who does SDA Funding benefit?
SDA Funding provides broad benefits to all NDIS parties including investors, participants and SDA providers.
Tenants of SDA tend to be secured for the long-term with more properties being required to meet demand.
What is an SDA Home?
A Specialist Disability Accommodation (SDA) Participant is a person who requires specialised housing solutions which assist in the delivery of necessary support and caters to any extreme functional impairment they may have.
SDA Housing Investments design purpose built homes to cater to the needs of the participants which coincide with the SDA Design Standard of the National Disability Insurance Scheme (NDIS).
Click below to find out more about the NDIS
A massive undersupply
Studies in March 2018 found there is a major shortfall of disability accommodation in Australia, so to meet the demand there needs to be a 60% increase in the number of available homes. Read the full findings here: NDIS SDA housing shortfall.
Currently, there are over 28,000 Australians with a disability that the NDIS has identified as living in inappropriate accommodation.
The NDIS SDA funding is to encourage property investors and institutions to build more disabled centric homes. Sadly, there are also 6,000+ young Australians who are currently living in aged care facilities due to a lack of housing options and this number is increasing by 50 young Australians a week.
Useful Links
NDIS
How does the NDIS work and what does it pay for?
NDIS Proposed Reforms
Chapter 6 – Special Disability Accommodation (Parliament of Australia Legislation)
NDIS SDA rules 2020 – Federal Government Legislation
NDIS SDA Price Calculator - New Builds
Useful Articles
NDIS Property Investment offers good returns
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