The government has announced a date extension to the Home Builder Scheme to encourage workflow in the Construction industry and to assist first home builds. Although the date has been extended, the grant amount has been reduced. Read on below for more information.
New builds and substantial renovation contracts signed between January 2021 and 31 March 2021 will now attract a grant of $15,000 towards the construction costs. Construction will need to begin within 6 months of the contract being signed; this timeframe applies to all contracts signed between 4 June 2020 - 31 December 2020, and will be backdated to accommodate contracts signed during the first period.
Please see the below table for a full outline of the changes:
Please contact us if you need help finding a builder or obtaining finance as we have several contacts in these fields.
To find out more about the HomeBuilder Scheme, please do not hesitate to contact our office over the phone on 02 4340 2415 or via email at email@example.com