The Low Cost Loans Initiative (LCLI) is a competitive, application-based grant program that makes it easier for councils to fund infrastructure by covering up to 50% of the interest on eligible loans.

This means that essential infrastructure, roads, water, wastewater, and parks can be delivered sooner and at a lower cost, opening up land for new homes.

In April 2026, the NSW Government invested $12.3 million under round 4 to fund delivery of $200 million worth of infrastructure to support over 9,800 new homes in regional NSW.

That brings the total NSW Government investment under LCLI to $31.3 million across the 4 rounds. The investment is accelerating the delivery of over $792 million worth of infrastructure to support new and existing homes across NSW.

Successful projects under round 4

Local government areaProjectProject descriptionDetails
Cowra ShireCowra Aquatic Centre Upgrade$10 million upgrade including new 50 m outdoor pool, 2 new filtration and water treatment systems, and upgraded electrical systems and amenity to support new housing demand.

Grant approved: $932,809

Council co-contribution: $9,886,591

Total project: $10,819,400

Greater Hume ShireJindera Wastewater Augmentation Stage 0Upgrade of critical wastewater infrastructure to support the existing Jindera township and 260 new dwellings.

Grant approved: $354,303

Council co-contribution: $2,454,304

Total project: $2,808,607

Orange CityMolong Road and Murphy Lane intersection, OrangeThe signalisation of the of the Molong Road and Murphy Lane intersection, will unlock the provision of 1,200 new residential lots.

Grant approved: $398,644

Council co-contribution: $2,073,563

Total project: $2,472,207

Orange CityUpgrade of Northern Distributor Road and Clergate Road Intersection, OrangeThe signalisation of the Northern Distributor Road and Clergate Road Intersection, Orange will unlock the provision of 1,300 new residential lots for a diverse range of housing.

Grant approved: $433,022

Council co-contribution: $2,252,378

Total project: $2,685,399

Port Macquarie-Hastings CouncilCowarra Water Treatment Plant ConstructionConstruction of the new Cowarra Water Treatment Plant, being a water treatment plant and filtered water reservoir to support up to 11,000 homes.

Grant approved: $7,000,000

Council co-contribution: $145,801,690

Total project: $152,801,690

Wollongong CityUpgrade of West Dapto Road, from Yard Street to Darkes Road, Stream HillUpgrade of West Dapto Road, from Yard Street to Darkes Road, Stream Hill accelerating delivery of 932 new residential lots in council's West Dapto Urban Release Area.

Grant approved: $3,220,110

Council co-contribution: $25,301,145

Total project: $28,521,255

Projects round 1 to 3

Refer to the table for a list of funded projects and their current status.

Project Local government area Summary Status Details
Barooga Water Treatment Plant Berrigan Shire Council Upgrade works to provide for residential expansion and improve water quality beyond 2021. Completed
Bernera Road Extension Project Liverpool City Council New four lane local road linking Camden Valley Way to Edmondson Park Town Centre. Completed
Boongaree Park Shoalhaven City Council Works include the construction of recreational facilities including a skate park, SCaRP Croquet Courts and clubhouse in addition to footpaths and lead-in infrastructure to support the growing population. Completed
CBD Precinct Griffith City Council Civil engineering works including water mains, stormwater drainage, roads and streetscape improvements to support multi-unit developments. Completed
Civic Revitalisation Project Cessnock City Council Provide a larger civic and a major regional recreational area and playground, in addition to the construction of new cycleways; footpaths; upgrade of pedestrian facilities and installation of traffic signals to accommodate population growth. Completed
City Wide Growth Wagga Wagga City Council Kooringal Road exit improvements. Completed
Collina Precinct Griffith City Council Land acquisitions for storm water drainage, detention basin works and sewer pumping station. Completed
Culcairn residential subdivision Greater Hume Shire Council Acquisition of land and provision of supply of electricity, stormwater drainage, new roads and water and sewerage infrastructures. Completed
Edward Street Subdivision Project Forbes Shire Council Subdivision of approximately 223 lot residential subdivision (includes new roads, kerb and gutter, drainage and public lighting works). Completed
Ellerton Drive Extention Queanbeyan-Palerang Regional Council A 4.6 km extension road and bridge crossing works to reduce traffic congestion in the CBD and support growing communities along major arterial routes includes a shared off-road cycling and pedestrian pathway and space for on-road cyclists, stormwater drainage and three fauna under-passes. Completed
Griffith Affordable Housing Griffith City Council Infrastructure works including enabling water and sewer infrastructures, stormwater drainage, new local roads, kerb and gutter, footpaths, power supply upgrades and street lighting to support the development of 20 affordable housing properties and 47 new housing sites. Completed
Infrastructure Impact From Growth Wagga Wagga City Council Road works to support growing residential areas including intersection upgrades. Completed
Lead-in roads and cycleway Shoalhaven City Council Road works including a roundabout, kerb and gutter, cycleway, drainage and pollution control to enable the release of land in Mundamia urban release area. In progress
Lewis Crescent Subdivision and Finley Park Berrigan Shire Council Stormwater drainage, open space irrigation works and improved pedestrian access to Berrigan town centre. Completed
Library and a childcare centre Liverpool City Council Construction of a library and a childcare centre in Liverpool CBD to support increased growth. Completed
Lloyd Growth Area Wagga Wagga City Council Pump station and Red Hill Road intersection upgrade. Completed
Merrylands Town Centre Stormwater Drainage Upgrade Cumberland Council Land drainage works to support multi-unit development. Completed
Moss Vale Road South URA Shoalhaven City Council Provision of open space. Completed
Murrumbateman Pump Station and Water Main Yass Valley Council New pump station, pumped water main and water reservoir. Completed
Northern Growth Area Wagga Wagga City Council Farrer Road improvements, Estella walking path, Pine Gulley Rd roundabout, Pine Gulley Rd bike track, Old Narrandera Rd carriageway upgrade. Completed
Plumb Street Blayney Shire Council Land acquisition, new roads and footpaths, sewer reticulation, storm water and drainage, watermains and connection, electricity and telecommunications, design and consultancy for survey plans, lodgement of DA subdivision and project management. Completed
Recreation projects Wagga Wagga City Council Village community recreation facility upgrades, Wagga Beach Landscape Upgrade Stage 2 as part of the Riverside project, along with the multisport cycling complex at Pomingalarna Reserve and Harris Road shared path works. Completed
Redevelopment of Concord Oval City of Canada Bay Council Construction of road, drainage, kerb and gutter, retaining walls, paving and provision of open space works as part of broader works to serve the growing population and the general public. Completed
Redevelopment of council depot Camden Council Site works including new road pavement, community recycling centre, stormwater works, landscaping, weighbridge, retaining walls, expansion of workshop, expansion of staff and plant accommodation to support the growing population. Completed
Roads, Drainage and Passive Recreation Infrastructure Shoalhaven City Council Land acquisition and construction of 2 bioretention basins, construction of a roundabout, a new collector road to enhance traffic safety, mitigate flooding issues and undertake open space embellishment works to serve the growing population in Moss Vale Road South urban release area. In progress
Saleyards Lane Mid–Western Regional Council Subdivision of land including drainage, roads, water, sewer. Completed
Southern Feeder Road Orange City Council Construction of a road and ancillary infrastructure works including footpaths, cycleways, street lighting, drainage, together with water and sewer infrastructure to provide access and support the development of adjacent residential land. Completed
Sport and recreation facility Lane Cove City Council Construction of a sport and recreation facility to support the growing population with access to a broad range of health, fitness, leisure programs. Completed
St Ives Indoor Sports Centre Ku-ring-gai Council Construction of two indoor basketball court to support the growing population with access to a sports facility. In progress
Thurgoona Link Road Albury City Council Construction of link road to provide access to residential land and assist traffic congestion from council's Thurgoona growth corridor, includes supporting land acquisition, environmental and heritage studies. In progress
Thurgoona Wirlinga Growth Precinct Albury City Council Upgraded distributor roads, drainage, storm water infrastructure, traffic and pedestrian management infrastructure and land acquisition for future recreational and community services to serve the demands of population growth. In progress
Utilities Impact From Growth Wagga Wagga City Council Sewer pumping station works at Hammond Avenue. Completed
Vineyard Release Area Hawkesbury City Council Storm water infrastructure, roads, drainage. In progress

More information

For more information about the Low Cost Loans Initiative, read the Low Cost Loans Initiative: Round 4 – Program guidelines (PDF, 1.2 MB) or email the Low Cost Loans Initiative team at [email protected]