A quality home for everyone

The NSW Government will invest $2.8 billion in measures to support greater opportunities to access and own a quality home and help the most vulnerable, including:

  • $780.4 million two-year trial of a shared equity scheme for up to 6,000 eligible single parents, older singles and first home buyers who are teachers, nurses or police.

  • $728.6 million to introduce an option for first home buyers purchasing a home for up to $1.5 million to pay an annual property tax instead of upfront stamp duty.

  • $300.0 million for a third round of the Accelerated Infrastructure Fund, including $120.0 million for regional areas, to co-fund critical housing-enabling infrastructure.

  • $300.0 million for maintenance and upgrades to more than 15,800 social housing properties, extending the life of social homes and ensuring tenants have safe accommodation.

  • $174.0 million for 271 new homes for key workers in regional and remote New South Wales.

  • $149.8 million for 200 new and 260 upgraded homes for First Nations people, as well as 4,400 climate-resilience and energy-saving upgrades, helping to reduce overcrowding and improve the quality of life for tenants.

  • $89.0 million to reduce planning assessment timeframes and bring forward housing supply.

  • $73.5 million to undertake strategic planning and rezoning in State-led precincts to increase capacity for new housing and employment opportunities.

  • $67.2 million to continue and expand the Strong Family, Strong Communities program, to provide wraparound services and support to at-risk First Nations families and the Aboriginal Community Housing sector.

  • $37.0 million towards supporting the Community Housing Sector to deliver 120 social housing dwellings for households in the Together Home program.

  • $33.8 million for the Regional Housing Development Program to overcome data gaps and coordination and planning barriers to secure a pipeline of housing supply in regional New South Wales.

  • $32.0 million to deliver planning and infrastructure upgrades to First Nations communities through the Roads to Home program, supporting access to essential services.

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