NSW Nationals Member for Murray Austin Evans has called on councils to apply for a share of a further $20 million in funding to support local government infrastructure projects that speed up housing delivery across NSW.
Mr Evans said the Nationals in Government’s Low Cost Loans Initiative gave councils a 50 per cent refund of interest payment on loans for infrastructure projects that enabled housing supply.
“Murray is a great place to live, work and visit and this initiative will help the council fund important local infrastructure, such as road upgrades, stormwater, electricity and telecommunication connections and provision of open space,” Mr Evans said. “Local infrastructure is critical to improving existing lifestyles and creating greater places for people to live and I encourage each council in Murray to apply.”
Planning and Housing Minister Anthony Roberts said the first round of the program invested $10 million to kick-start more than $165 million worth of essential infrastructure to support growing communities across the state.
““Funding from the first round will deliver more than 25,000 new homes across NSW with more than 15,000 in regional NSW,” Mr Roberts said. “We’ve opened up this second round to continue help local councils ensure the delivery of homes in the right areas – close to jobs, open space, public transport and essential infrastructure.”
The Low Cost Loans Initiative is a joint initiative of the Department of Planning and Environment, the Office of Local Government and NSW Treasury Corporation.
Mr Roberts said it was part of the NSW Government’s comprehensive Housing Affordability package released in June last year, designed to improve housing affordability across the state and deliver key infrastructure to support growing communities.
“Councils have a critical role to play in creating liveable communities and this fantastic initiative will help them manage,” he said.
Councils have until May 16, 2019 to submit their applications. For more information, click here.