Grants Propel Housing Delivery in Regional NSW

Nearly $3 million in funding from the NSW Government is set to expedite the delivery of almost 24,000 new regional homes, with 16 councils securing grants under the second round of the Regional Housing Strategic Planning Fund. Ranging from the North Coast to the Central West and the Riverina, these councils will receive grants of up to $250,000 each.

The objective of these grants is to accelerate the delivery of new homes in regional areas through various strategies, including the formulation of housing plans, infrastructure preparation, and amendments to local environmental plans to facilitate the construction of diverse and affordable housing options.

As more individuals opt for regional NSW living, the demand for homes has increased, leading to rising prices and a shortage of available properties.

Hence, bolstering regional housing supply is paramount. These grants are part of a broader set of initiatives aimed at boosting regional housing supply, including the expansion of the Government’s Urban Development Program, the Regional Housing Flying Squad, the Regional Housing Fund, and the Accelerated Infrastructure Fund.

Together, these initiatives aim to streamline the planning process, support necessary infrastructure development, and aid regional councils in their housing-related endeavours.

In Round 1 of the Regional Housing Strategic Planning Fund, $3.85 million was allocated to 20 projects across 19 councils. Notable projects include the Raymond Terrace Sub-