The Perrottet Government is investing more than $15 million in the delivery of essential infrastructure across Parramatta that will allow local councils to unlock more land for new homes.
Liberal candidate for Parramatta, Katie Mullens, said one of the most important things that a Government can do is help someone into their own home, as the first big step on the road to financial security.
“The Perrottet Government is already helping first home buyers by reforming stamp duty, giving people the option of avoiding the big upfront tax and get into the first home sooner,” said Ms Mullens. “The Government is also making it easier to get into a home by supporting the building of houses with this fast-tracking of essential infrastructure.”
This funding will deliver millions of dollars’ worth of infrastructure for the Parramatta electorate, including Garside Park Upgrade, active transport links around Lidcombe and Parramatta, and public spaces upgrade.
“In addition to helping deliver more houses and helping people to purchase them, we will also invest $89 million in fast-tracking housing assessments to get more housing sooner.
“The Perrottet Government is able to make this investment to keep the Parramatta electorate moving forward, because of its strong economic management that allows for this kind of important support for our community.”
Premier Dominic Perrottet said an initial 36 councils and agency-led projects will receive funding through the third round of the Accelerated Infrastructure Fund (AIF).
“We are fast-tracking the delivery of essential infrastructure required to speed up the construction of thousands of new homes right across our state,” Mr Perrottet said.
“This is part of our strategy to get people into homes faster by cutting red tape, speeding up development applications and boosting construction by getting more shovels into the ground sooner.
“Our long term economic plan is delivering major infrastructure projects for the future and will support communities as they grow.”
Minister for Planning and Minister for Homes Anthony Roberts said the councils successful in this round of the AIF will also provide their own funding for projects, amounting to a combined $517 million worth of infrastructure on the way for NSW.
“We had an outstanding response from regional councils eager to work in partnership with the NSW Liberal and Nationals Government to unlock land for new homes faster and boost economic growth. We share their ambition and look forward to working together,” Mr Roberts said.
The Accelerated Infrastructure Fund is part of the $2.8 billion NSW Housing Package, announced in the 2022-2023 NSW State Budget.