Applications for the Residential Activation Fund open next month and the funding will be available in July.
The first round of applications will open in April to fast-track the development of essential infrastructure including roads, water, and sewerage and break down the barriers to building more homes.
The fund is part of the Queensland government’s comprehensive Securing Our Housing Foundations Plan and is designed to support its target to deliver one million homes over the next two decades. Half ($1 billion) will be dedicated to regional Queensland.
“Achieving our goal for one million new homes means having generational infrastructure to support our growing communities,” Premier David Crisafulli said. “This vital funding will unlock new housing supply and support the homes for our police, nurses, teachers and doctors. We must plan for our growing state and that means securing our housing foundations.”
Local governments and developers with projects ready to go can now start reviewing the criteria and preparing their applications, according to Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie.
“We are working closely with councils and industry to ensure this investment is targeted where it’s needed most,” Bleijie said. “The Crisafulli government is delivering on our commitment and ensuring Queenslanders have a place to call home.”
Read also: Link Wentworth receives funding for six social housing projects
Geraldine is currently the Content Producer for Third Sector, an Akolade channel. Throughout her career, she has written for various industries and international audiences. Her love for writing extends beyond the corporate world, as she also works as a volunteer writer at her local church. Aside from writing, she is also fond of joining fun runs and watching musicals.
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