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Government grant - Home Builders Scheme

The cash grant to renovate or build a new home sounds a positive initiative to stimulate jobs and assist some folks to acquire homes.

What the ABC News has said about this cash grant of $25,000 "it comes with serious caveats".  Personally, I would talk this concept through with a legal advisor leaving "no stone unturned".  Also making a list of questions, giving heaps of attention to the financial aspects of your situation before making a commitment.

Applications for the grant close on 31/12/20 with the work contracted to start within three months of the contract date.

Good luck if you feel you are able to build a new home by utilising this grant. If you don't meet the criteria to do this, those words "savings, capital and plans" flash through my mind. With this experience in mind it could mean you are in the "box seat" when the next grant opportunity arises. Chapters 4, 5 and 9 will be helpful in working through your process.

 

 

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