Growth areas win funding boost
22 May 2020
NGAA Member Councils have been allocated more than $26.5 million in federal government funding to deliver priority local road and community infrastructure projects. Growth area councils received more than the average amount of funding, aligning with NGAA’s COVID-19 Economic Recovery Proposal where we called on the Government to prioritise allocations for growth areas in the immediate response to the pandemic. We will continue to advocate for similar long-term recognition of growth area needs to address long standing infrastructure deficits.
The Local Road and Community Infrastructure (LRCI) Program is one of two components of a $1.8 billion local government stimulus package. Early payment of $1.3 billion of next year’s Financial Assistance Grants is the second component.
The money will be available to councils from 1 July, 2020, and can be put towards local road projects, and community infrastructure projects such as bike paths, community halls and playgrounds.
Outer urban growth areas are facing an avalanche of mortgage defaults and financial stress amidst a recession, shrinking levels of income support and the end of mortgage repayment moratoriums.
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