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More than 105,000 homes are to be fast-tracked under the third round of a NSW Government regional planning and housing initiative.
The latest round of the Regional Housing Strategic Planning Fund would hand 24 councils nearly $4.4 million to unlock housing supply through strategic planning initiatives, the state said.
Grants of up to $250,000 will support councils to develop and update housing strategies, plan for infrastructure and essential services, and amend local environmental plans to bring forward the construction of more diverse and affordable housing.
“Successful projects in Newcastle and the Central Coast will support the NSW Government’s Transport Oriented Development reforms aimed at boosting housing supply around train stations, as well as the Low and Mid-Rise Policy that promotes more diverse housing,” the Government said in a statement.
Other successful projects include the South Orange Sewer Servicing Strategy, the Singleton planning control review and the Narrabri Development Control Plan update.
The projects funded under the program are to support the delivery of the NSW target of 55,000 homes in five years.
Funding for the first two rounds of the Regional Housing Strategic Planning Fund allocated $6.88 million to 36 projects.
Key projects delivered so far include the Laffing Waters Master Plan Precinct Contributions Plan in Bathurst, West Dapto Town Centres Master Planning in Wollongong, and the Tamworth Regional Housing Strategy, which would help advance more homes in the pipeline, the state said.
