NSW Premier Dominic Perrottet announced a new $300 million Accelerated Infrastructure Fund (AIF) to help communities accelerate delivery of local infrastructure that supports housing supply in high-growth areas.
This forms part of the NSW Government's $2.8 billion 2022 housing package announced in the June State Budget. High growth councils and state agencies are now eligible to apply for the extended third round of the Accelerated Infrastructure Fund Program.
This grant program will enable councils in Greater Sydney, Central Coast, Newcastle and Wollongong to apply for a share of $180 million in funding, as well as councils in regional areas will receive a share of $120 million.
AIF aims to provide and build thousands of homes and residential programs to help the communities where they are needed the most.
“It’s about getting keys in doors and giving people the opportunity to own their own home. To be able to unlock land and increase supply, our State needs the vital infrastructure in place to allow community growth – this includes roads, sewerage systems, stormwater drains and parks.”
- Dominic Perrottet, NSW Premier
Councils eligible to apply include:
Metropolitan Councils
- Bayside Council
- Blacktown City Council
- Camden Council
- Campbelltown City Council
- Canterbury–Bankstown Council
- Central Coast Council
- Cumberland Council
- Fairfield City Council
- The Hills Shire Council
- Liverpool City Council
- City of Newcastle Council
- City of Parramatta Council
- Penrith City Council
- City of Ryde Council
- City of Sydney Council
- Sutherland Shire Council
- Wollondilly Shire Council
Regional Councils
- Albury City Council
- Ballina Shire Council
- Bathurst Regional Council
- Byron Shire Council
- Cessnock City Council
- Coffs Harbour City Council
- Dubbo Regional Council
- Eurobodalla Shire Council
- Goulburn-Mulwaree Council
- Kiama Council
- Lake Macquarie City Council
Urbanism welcomes this announcement and the significant investment in local infrastructure this will provide to local communities such as improved stormwater and drainage, roads, and parks, particularly in the fast-growing western Sydney region.
“There has been a longstanding need to better align infrastructure investment with housing supply and to meet the ever-increasing expectations of the community for local services and infrastructure. The AIF provides a mechanism to ensure that now occurs and supports our fast-growing communities”.
- Wesley Folitarik, Managing Director
At Urbanism, we believe that project success is fundamentally linked to delivering sustainable social, environmental and economic outcomes. We combine evidence-based planning and design expertise tailored to the needs of the client and their project to achieve this goal.
We provide town planning approvals including development applications and planning proposals and have a proven track record of success in their areas. For your next project, get in touch with us on (02) 9053 7373 or email us at contact@urbanism.sydney or read more about our services here.