This article is from the Australian Property Journal archive
THE NSW Minns government and Shoalhaven City Council will invest $10.35 million in infrastructure to fast-track the delivery 2000 new homes in West Nowra.
The funding has been allocated through the NSW Government’s Accelerated Infrastructure Fund, bringing the total NSW Government investment under Round 3 to $147.61 million, with co-contributions of $68.6 million from five regional councils, helping to unlock over 26,900 new homes.
This funding is in addition to the $3.88 million already allocated to Shoalhaven City Council as part of the Accelerated Infrastructure Fund.
The fund supports the delivery of critical enabling and supporting infrastructure projects across the State including roads, stormwater, sewers and open space that enable and support the construction of new homes.
The funding has been allocated through the NSW Government’s Accelerated Infrastructure Fund, bringing the total NSW Government investment under Round 3 to $147.61 million, with co-contributions of $68.6 million from five regional councils, helping to unlock over 26,900 new homes.
Minister for Planning and Public Spaces Paul Scully said as regional NSW plans for and delivers more homes to its growing communities, the state government and councils are supporting that growth by funding and upgrading critical local services and infrastructure.
“Unless we support the delivery of more homes, we will continue to lock young people out of housing or lose them to other states.
“A new home is no good if you cannot flush the toilet or drive down the road to the park. “Accelerated delivery of infrastructure like sewage treatment plants and adequate roads will allow more new homes to be approved sooner in these growing regional areas.
“Housing affordability and availability is the biggest single pressure facing the people of NSW, and that’s why we are focusing investment in these key infrastructure projects to clear the way for new and thriving communities to take shape,” said Scully.
