Home Renovation Grant

The stimulus package in a nut shell $25,000 grants for new homes or to renovate an existing property 2 income caps – Individual $125k, couples $200k

Enter into a building contract between June 4 to December 31

Work must commence within 3 months of the contract date

Renovations must be worth between $150k & $750k with the dwelling valued under $1.5m

Renovations can be a combination of works – eg kitchen & bathroom

Renovations must improve the accessibility, safety & liveability of the home

New homes up to $750k including land

Building works must be undertaken by a licenced building contractor

No companies or trusts. Applicants must be an Australian citizen

Owner builders and investment properties excluded

No swimming pools, tennis courts, outdoor spas, sheds or garages

Administered by state governments

Applications processed once state & territory governments sign up to the partnership. Applications to the Homebuilder program will be back dated to June 4

The above is what I have seen to date. Please make your own enquiries direct with your state government as to your eligibility.

For Quality Renovations
Call the renovation specialists
0404 853 484
www.bsnelson.com.a u
TAVEDART PTY LTD Lic No 275455C