Turbocharging housing infrastructure
Housing-related infrastructure in key growth areas across New South Wales is set to be turbocharged by the NSW Government, with a $62.5 million funding boost across 12 local government areas under the State Voluntary Planning Agreement (SVPA) program, including Central Coast Council. This important infrastructure will support up to 135,000 new homes forecast to be built across these areas over the coming decade.
15 May 2024
THE State Voluntary Planning Agreement (SVPA) program, established in 2010 under the then NSW Labor Government, uses developer contributions to deliver state and regional infrastructure in growing areas.
Member for Gosford, Liesl Tesch says the SVAP program funding boost would help close the infrastructure gap left by the previous government.
“This $62.5 million State Voluntary Planning Agreement aims to close the infrastructure gap between homes and infrastructure delivery," Ms Tesch said.
Under the program, $4.04 million in grant funding is available to Central Coast Council and state agencies which will go towards building and repairing roads, improving stormwater drainage, building new parks and improving local environments in growing communities.
“I encourage Central Coast Council in particular to nominate projects for the Department of Planning, Housing and Infrastructure (DPHI) to consider,” said Ms Tesch.
Shortlisted SVPA projects will be assessed by an independent technical expert and reviewed by an internal DPHI review panel, with investment recommendations submitted to the Minister for Planning and Public Spaces for approval.
Since the program’s launch, over $220 million in contributions have been collected from developers in 30 state and regional infrastructure projects, supporting more than 70,000 new homes, including the design and master plan development of the Pacific Highway between Watanobbi and Kanwal.
Projects can be nominated by Wednesday, 29 May 2024 here.
Further information is available here.