- Additional funding for 15 new apartment developments to assist industry to deliver more than 1,200 new apartments across Perth
- $80 million Infrastructure Development Fund has to date supported 112 apartment projects helping industry deliver up to 8,000 new dwellings across metropolitan Perth
- Fund part of a raft of Cook Labor Government measures to support density and boost housing supply
The Cook Government's Infrastructure Development Fund (IDF) latest funding release will support the construction of more than 1,200 apartments in priority infill locations across Perth.
The new projects will share up to $12 million under the Fund's Stream 1 - Targeted Apartment Rebate program to help industry deliver apartments across the Perth metropolitan area, near train stations and activity centres.
Among the projects, the total number of supported apartments include 456 in Burswood, 185 at Cockburn Central, 171 at Rivervale and 36 social and affordable dwellings in Woodbridge.
The Fund provides industry with assistance for the upfront costs of connecting to essential water, wastewater, and electricity services.
Stream 1 of the $80 million Infrastructure Development Fund has to date supported 112 apartment projects, helping industry to deliver up to 8,000 new dwellings across metropolitan Perth.
Applications for Stream 1 and Stream 2 - Unlocking Infill Precincts, have been extended to 31 December 2025 or until funds are exhausted.
The IDF is part of a range of measures the Cook Government is delivering to boost housing supply, including a$400 million Housing Enabling Infrastructure Fund to unlock about 33,000 residential lots through investments in power and water infrastructure.
For more information visit www.wa.gov.au/Infrastructure-Development-Fund
Comments attributed to Treasurer Rita Saffioti:
"Our government is absolutely committed to boosting housing supply across the State, and removing barriers that prevent major projects getting off the ground is a key part of our plan.
"By easing some of the upfront costs in connecting essential infrastructure, we've supported the delivery of thousands of new apartments, with thousands more in the pipeline."
Comments attributed to Planning and Lands Minister John Carey:
"Since it was launched, our government's $80 million Infrastructure Development Fund has played a key role in accelerating housing supply in Western Australia.
"The funding assistance for upfront essential infrastructure costs is helping industry to unlock a pipeline of projects to deliver thousands of new apartments.
"This latest round of funding will support 15 new projects across Perth's suburbs to deliver another 1,212 apartments close to transport and services."
