This article is from the Australian Property Journal archive
WATER, roads, sewerage and development application fees on 33 projects will be covered by Queensland’s Miles government, fast-tracking the delivery of 3,800 homes across the sunshine state.
The $350 million Incentivising Infill Development Fund (IIDF) will cover the cost of infrastructure charges and development application fees for well-located homes in Brisbane, Moreton Bay, and the Fraser, Sunshine and Gold Coasts,
This round of funding tallies $85 million.
Recently, the government announced 80 projects to receive payment through fund, bringing 3,670 homes forward.
“Industry told us they could help build homes faster, they just needed that extra support to get them shovel-ready. So that’s what we’ve done,” Housing Minister Meaghan Scanlon said.
It joins a number of initiatives under the government’s Homes for Queenslanders plan to unlock more housing supply. The first two projects as part of the State-Facilitated Development Pathway were recently announced by Scanlon to be Walker Corporation’s $1.2 billion, 2,750-home development in Robina with 550 affordable homes, as well as a 45-home project in Wakerley.
“Queenslanders are seeing us do what matters – building the homes we need, faster – while the LNP continue to rail against homes being built in their own backyards,” Scanlon said, as the state election campaign hots up.
Voters go to the polls on October 26th.
