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Low Cost Loans Initiative: Round 5

NSW Government

Total poolTotal pool: $12,000,000 (multiple grants offered)
DeadlineCloses Mon, 31 Aug 2026
RegionNSW

Overview

The Low Cost Loans Initiative: Round 5 supports regional councils & 4 county councils with an infrastructure responsibility, to reduce finance costs on loans for critical enabling infrastructure for housing delivery through a rebate on loan interest.

Eligibility

Who can apply The Low Cost Loans Initiative: Round 5 is open to all 95 regional NSW councils outside of Greater Sydney, including Illawarra-Shoalhaven, Lower Hunter-Newcastle and Central Coast councils and four county councils with infrastructure delivery responsibilities - Central Tablelands Water County Council; Goldenfields Water County Council; Riverina Water County Council; and Rous County Council. A single council or groups of two or more councils, such as joint organisation of councils, may apply. The Department encourages regional collaboration on projects that accelerate new housing supply. To be eligible for the Low Cost Loans Initiative, regional NSW councils and county councils must meet the eligibility criteria: Council or county council has met the Office of Local Government key financial benchmarks and can access either a NSW Treasury Corporation (TCorp) loan or another commercial bank loan facility; and Council or county council is building critical infrastructure and/or supporting infrastructure that directly supports new housing. Loans must be for: a loan secured from TCorp or another commercial loan facility an amount greater than $1 million have a fixed interest rate not exceed 20 years a new loan, not an existing or refinanced loan a new infrastructure project not an existing project that is already under construction or a completed project the purposes of capital expenditure only, not operating or recurrent annual expenditure capital expenditure on works that enable housing development to proceed, or community infrastructure assets that support new housing Location that are eligible include Albury City, Armidale Regional, Ballina, Balranald, Bathurst Regional, Bega Valley, Bellingen, Berrigan, Bland, Blayney, Bogan, Bourke, Brewarrina, Broken Hill, Byron, Cabonne, Carrathool, Central Coast, Central Darling, Cessnock, Clarence Valley, Cobar, Coffs Harbour, Coolamon, Coonamble, Cootamundra-Gundagai Regional, Cowra, Dubbo Regional, Dungog, Edward River, Eurobodalla, Federation, Forbes, Gilgandra, Glen Innes Severn, Goulburn Mulwaree, Greater Hume Shire, Griffith, Gunnedah, Gwydir, Hay, Hilltops, Inverell, Junee, Kempsey, Kiama, Kyogle, Lachlan, Lake Macquarie, Leeton, Lismore, Lithgow City, Liverpool Plains, Lockhart, Maitland, Mid-Coast, Mid-Western Regional, Moree Plains, Murray River, Murrumbidgee, Muswellbrook, Nambucca Valley, Narrabri, Narrandera, Narromine, Newcastle, Oberon, Orange, Parkes, Port Macquarie-Hastings, Port Stephens, Queanbeyan-Palerang Regional, Richmond Valley, Shellharbour, Shoalhaven, Singleton, Snowy Monaro Regional, Snowy Valleys, Tamworth Regional, Temora, Tenterfield, Tweed, Upper Hunter, Upper Lachlan Shire, Uralla, Wagga Wagga, Walcha, Walgett, Warren, Warrumbungle, Weddin, Wentworth, Wingecarribee, Wollongong, Yass Valley Types of projects funded under this grant Low Cost Loans Initiative funding is only available for council or county council loans for projects which will enable the delivery of

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RuralHousingInfrastructure & Capital Works

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