Applications for the Builders' Support Facility Loan opens Monday 18 March 2024 and closes at 5pm (AWST) Tuesday, 30 April 2024.
An interest-free loan facility to help residential builders complete unfinished properties and assist Western Australians most affected by delayed construction timeframes into their new homes was announced 4 January 2024.
Under the Builders’ Support Facility, eligible builders who are successful in their applications can receive an interest-free loan of up to $60,000 per home, up to a maximum of $300,000 per applicant.
The application process is being managed by the Small Business Development Corporation (SBDC). Find more information on the Small Business Development Corporation's website. Assessments of applications are already underway.
The Department of Jobs Tourism Science and Innovation is responsible for the administration and management of the Builders Support Facility in accordance with section 10 of the Industry and Technology Development Act 1998.
