RRC can be weekly or Fortnightly depending on the Participant MTA usually fortnightly. SDA – see SDA Payments
How long does it take for the house to be registered with NDIS?
Our Members are still seeing a wide range of results. Anything from 7 days to 7 months is still common. There is no way to predict. It can be said however that the more recent lodgements are typically going through faster.
How often are landlords paid?
Our members typically make 2 distributions each month. The mid-month distribution will usually be the one that includes the SDA payments from the claim lodged on the 1st of the month … this is assuming the NDIA pays within 10 days as they are supposed to and that nothing else has…
How often is rent paid by the participants?
The RRC (Reasonable Rent Contribution) is the only contribution paid directly by the tenants. This is paid fortnightly but if the participant doesn’t have capacity this is paid on their behalf by the Public Trustee so it can have the all the difficulties that come with dealing with yet another…
What can be done to get SDA payments sooner?
Pre-certification helps the enrolment team. Apart from this there is nothing else that can be done. The NDIA is paying you above market rent to allow for these delays.
When do I get statements?
SDA Providers are only required to report quarterly. SDAPA Members typically send monthly statements.
When and how are SDA payments made?
When are SDA payments made? The NDIA treats SDA payments the same as all other invoices they pay. So unlike traditional rent which is paid in advance all SDA payments can only be invoiced AFTER the service has been delivered. So at the end of each month our Members lodge…
An SDA tenant participant has been in my property for a long time. Why haven’t I been paid yet?
An SDA tenant participant has been in my property for a long time. Why haven’t I been paid yet? This is the reality of SDA ownership. You have the benefits of higher income and security of payments but you also have the downside. The major downside of any dealing with…
How does the money flow?
SDAPA Members make a claim to the NDIA each month in areas. The NDIA then pays within 10 days of invoice. This money along with the RRC from the Tenant are paid directly into the Members Trust Account for each State and Territory. This is then distributed to owners minus…
If an SDA Provider has a Lease does that mean my rent is guaranteed?
No. The Lease used by SDAPA Members is a flow through head lease. The terms of the lease are that you are paid all of the income, minus management fees and all outgoings.
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