What is Specialist Disability Accommodation (SDA)?
SDA property refers to Specialist Disability Accommodation properties that are designed and built to meet the specific needs of people with high support needs who are eligible for funding under the Special Disability Accommodation (SDA) program of the National Disability Insurance Scheme (NDIS). SDA properties are typically purpose-built or modified to meet the specific accessibility and support requirements of residents with disabilities. They are designed to provide a safe, secure and comfortable living environment that allows residents to have greater independence, privacy, and control over their lives.
SDA properties can include a range of features and modifications, such as wheelchair-accessible bathrooms, wider hallways and doorways, automated doors, hoists and other assistive technology. The funding for SDA properties is provided by the NDIS and eligible participants can use their NDIS funding to cover the cost of renting or buying an SDA property that meets their needs.
The Special Disability Accommodation (SDA) program of the National Disability Insurance Scheme (NDIS) provides funding to participants to build or modify properties to meet the specific needs of people with high support needs. The purpose of the program is to increase the availability of suitable accommodation options for eligible NDIS participants and provide them with a safe and comfortable living environment that meets their disability support needs.
Investors who participate in the SDA program can generate above market average rental income because the funding is designed to cover the cost of disability-related housing that is above the ordinary cost of housing. The funding is linked to the Consumer Price Index (CPI) and is provided for a 20-year period, which provides a level of certainty for the investors.
The NDIS funding is allocated to eligible participants to enable them to source the most appropriate accommodation in the marketplace, and investors are required to comply with strict regulations and standards to ensure that the properties meet the specific needs of the residents.