THE NSW Government has opened Expressions of Interest for its Pre-sale Finance Guarantee (PFG) program to accelerate housing construction in NSW. The five-year initiative will commit up to $1B billion in pre-sales by purchasing up to 50% of off-the-plan homes in eligible projects, valued at up to $2M each. Designed to address finance hurdles and delays, the program reduces risk for lenders and developers, boosts housing supply, and ensures quality through NSW Building Commissioner oversight. Developers ready to build within six months are encouraged to apply.
GOVT SEEKS EOI FOR HOUSING PROGRAM
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Michael Walls
michael@accessnews.com.au
0407 783 413
