It is estimated as many as 10,000 tenancies could be assisted under the scheme, worth approximately $10 million in rent support.
Treasurer Rob Lucas said the $1000 grants were an important part of the government’s $1 billion economic stimulus package.
“We know many South Australians are doing it incredibly tough at the moment and these $1000 grants will encourage landlords to support tenants across the state to keep their head above water during this challenging time,” said Mr Lucas.
“This scheme will assist landlords and tenants, including those landlords who don’t qualify for existing government relief delivered via the emergency land tax relief scheme for landlords this financial year – because the value of their land falls below the land tax threshold.
“The $1000 rent relief grants will be provided to landlords of eligible tenants, provided revised rental terms have been agreed that deliver rent relief of at least $1000.
“The rent relief grant will be adjusted to reflect the value of the rent relief provided to an eligible tenant where it is less than $1000.”
Landlords and tenants will be required to demonstrate that a revised rental agreement has been negotiated as part of the application process.
Tenants can register their interest at the Department of Treasury and Finance website.
The scheme builds on previously announced protections for residential landlords and tenants, which ensure that:
Source:Government South Australia