“Queensland’s Building Boost Grant”
August 1 saw the introduction of Queensland’s Building Boost Grant.
It is designed to assist home buyers that build a new home between 1 August 2011 and 31 January 2012.
There are eligibility requirements that must be met, these include:
- The value of the property must be less than $600,000
- Occupancy requirements within 12 months of ownership
- Time limits applying for construction of the home.
The grant of $10,000 is to assist with construction costs and boost the Queensland building industry.
This grant will act as a stimulus to the softened Queensland economy and will benefit most Queenslanders.
For more information on the Building Boost Grant visit, Budget.QLD.gov.au