Extensions and Renovations Government Grant, ACT NOW TO QUALIFY FOR THE $25,000 GRANT. Read More
The Australian Government has announced a $25,000 grant in the wake of the COVID-19 pandemic to stimulate the construction industry and create more jobs for tradies. This initiative is called the Home Builder Scheme. All in all, $680 million will be poured into the program across the country.
No, the government renovation grants cannot be used for swimming pool or tennis courts. The renovations covered must improve the accessibility, liveability and safety of your property. Therefore, pools, tennis courts and sheds are not included.
No, it must be used for your principal place of residence. Investment properties are not included within the grant’s conditions.
No, you do not. Any property owner can apply as long as they meet the eligibility criteria above.
To access the grant, you will need to contact the revenue office in the state or territory where you live. You will need to supply documents such as proof of your identity, a copy of the contract with your licensed builder, your tax returns, and other property documents such as council approvals and building contracts.
No, the amount of people is uncapped. The grant is only limited by time.
All kinds of homes (including houses, apartments, house and land packages and off the plan) are included in the Home Builder Scheme. However, the owner must sign a contract to build a new home to live in or substantially renovate their existing home.
No, this grant is not taxed, much like the first homeowner grant programs.
At Extensions Unlimited, we’ve been helping Melbournians improve their properties for many years, and we’ve got the success stories to prove it. If you need a licenced builder to help you apply your Home Builder grant to best extend your home, we’re a leading choice. Contact us today to book a consultation and share your dreams for your property – simply give us a call on (03) 9792 1966. We can’t wait to work on your forever home.