The Low Cost Loans Initiative (LCLI) assists councils with the cost of new infrastructure by funding 50% of the interest paid on borrowings related to infrastructure. This helps councils to bring forward the delivery of infrastructure that enables new housing supply.
Under the program:
Low Cost Loans Initiative applications are now open for Round 3.
For more information on the application process and eligibility, visit the Apply for Low Cost Loans webpage.
The NSW Government invested over $15 million to kick start nearly $300 million worth of essential infrastructure to support growing communities across metropolitan and regional NSW.
Round 2 successful councils and projects:
For more information, you can view more details in the full list of LCLI Round 2 successful projects in NSW (PDF, 69 KB).
Round 1 successful councils are located across NSW:
You can also view more details in the full list of LCLI Round 1 successful projects in NSW (PDF, 71 KB)
For more detailed information about the initiative, you can view:
Page last updated: 22/04/2020