Housing Australia conducts regular reviews, at least every five years, to ensure participants continue to meet the Scheme's eligibility requirements. If your income exceeds the Scheme's threshold for two consecutive financial years, you may be required to repay part or all of the Government's equity contribution.
Queensland Country will work with you to look at your financial position to determine how much you could reasonably afford to repay. You will not be required to repay the Government's contribution until you can afford to do so.
These reviews also check that your property remains your principal place of residence and is properly maintained and insured, helping ensure the Scheme participants continue to meet the eligibility requirements.
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