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NSW Misses Chance at $10B Housing Boost | Sydney News
Description
New South Wales is sitting on a golden opportunity: a $10 billion federal fund to build 133,000 homes—provided the state matches every dollar. While five other states have already signed on, NSW remains on the sidelines, risking billions in untapped growth. With housing supply lagging far behind targets, experts say this is the key to unlocking a generation’s worth of homes. A strategic plan includes a $2.1 billion loan for a major water plant enabling 30,000 homes, plus $1.22 billion in grants and $300 million in state charges. The clock is ticking—NSW must act fast to claim its share before other states snap up the remaining funds.
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