Tweed could benefit from a share in $120 million in funding from the NSW Government to fast-track the delivery of essential infrastructure and unlock thousands of homes in the regions.
Member for Tweed, Geoff Provest MP said Tweed Shire Council is one of 41 councils across metropolitan and regional NSW eligible to receive a slice of up $300 million, under the latest round of the Accelerated Infrastructure Fund (AIF).
“Tweed Shire Council is facing significant demand for housing over the next 10 years, so this funding will help support our growing community,” Mr Provest said.
“I encourage the council to nominate infrastructure projects ready for construction, like roads, sewerage systems and open space, to facilitate new housing supply.
“The AIF will help speed up the delivery of housing in Tweed, so more locals can get a key in the door of a new home.”
Minister for Planning and Minister for Homes Anthony Roberts said the investment is part of a suite of end-to-end measures aimed at putting downward pressure on house prices and making home ownership a reality for more people in NSW.
“This is a great example of State and Local Government working together to accelerate projects that stimulate the economy, fast-track new properties, and create jobs,” Mr Roberts said.
“Our $2.8 billion housing package will provide a pipeline of hundreds of thousands of new homes and ensure locals and key workers moving to the regions have a place to call home.
“Whether it’s housing in the suburbs of Sydney, Wollongong or Newcastle, or new estates in one of our regional hubs, we’re supporting councils across NSW to put in place the essential infrastructure that will help us build more homes.”
Tweed Shire Council must nominate its infrastructure projects by 30 September 2022 to be eligible to receive up to $120 million in funding through the AIF. The remaining $180 million of the $300 million allocated to AIF in the recent NSW Budget, will support 18 metropolitan councils. For more information, visit https://www.planning.nsw.gov.au/Accelerated-Infrastructure-Fund