HomeBuilder extension announced : vimarsana.com

HomeBuilder extension announced


HomeBuilder extension announced
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One of the government’s most successful schemes, HomeBuilder, has been extended, bringing the total level of expected government support for the construction sector to $2.5 billion.
The federal government has extended the construction commencement requirement under its HomeBuilder scheme, meaning existing applicants will have an additional 12 months to commence their build.
More than 121,000 Aussies that applied for the grant, which is expected to support around $30 billion of residential construction projects, now have 18 months to start construction from the date that the building contract was signed.
All applicants who signed contracts during the HomeBuilder eligibility period between 4 June 2020 and 31 March 2021 will have this extension applied to them.    

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