Broken Hill City Council (BHCC) is edging closer to securing $1.4 million to develop more homes in town.
The cash will be secured through the NSW Government’s Regional Housing Fund (RHF) which aims to support regions experiencing high growth.
Member for Barwon, Roy Butler, said the BHCC had submitted its plans to address the Regional Housing Taskforce recommendations locally.
“Broken Hill is booming and is rapidly becoming one the best places to live in NSW, so it’s no wonder more people are drawn to the city’s enviable lifestyle,” he said.
Council’s Liveability and Housing Strategy proposes actions, recommendations and mechanisms to pave the way for additional new homes for purchase and rent.
The strategy will help meet the needs of a growing population in the community.
The Government’s $30 million RHF works on incentivising regional councils to bring forward infrastructure projects.
Minister for Planning and Minister for Homes, Anthony Roberts, said up to 33,000 homes could be fast-tracked across regional NSW as part of the initial response to the Taskforce recommendations.
“We’re currently working on a comprehensive whole-of-government response to address housing affordability and shortages in regional NSW, which will be released in the coming months,” he said.
“In the meantime, this program will support councils experiencing some of the strongest growth to bring forward the pipeline of shovel-ready land and kickstart much-needed housing.”
BHCC is one of 14 councils to participate in the Government’s grant program.
The funding relies on councils finalising studies, implementing affordable housing strategies and rezoning land.
Grants will be paid in two instalments this year if key milestones are met with nominated infrastructure projects to be completed by December 2023.