The NSW 2016-17 Budget will invest $537 million to support local infrastructure and improvements to the planning system to support housing supply.
$262 million will fund critical infrastructure projects to accelerate new homes in Sydney’s priority precincts and priority growth areas. The funding makes up the fourth tranche of the Housing Acceleration Fund (HAF) which will accelerate the construction of more than 160,000 homes.
The funding will go into infrastructure to support the following projects:
This brings total funding so far dedicated to accelerating housing supply to $876 million. Previous HAF allocations worth $476 million are funding 22 infrastructure projects to accelerate housing supply including roads, water and wastewater services, and electricity.
These earlier infrastructure projects have directly accelerated the completion of 17,500 new homes, with about 30,000 additional homes currently in the approval and construction phase.
The NSW Government has developed a map-based online tool that allows you to view the infrastructure projects specific to each council area. It is being funded in this year’s Budget.
To access the tool, click on the map at the link below.
The 2016-17 Budget will also provide:
Media release: Better planning for more homes and jobs (June 2016)
Page last updated: 24/07/2018