Incentivising Infill Development Fund

The $350 million Incentivising Infill Development Fund (IIDF) is a key initiative of the Homes for Queenslanders plan and will help Queensland reach its goal to deliver 1 million new homes by 2046.

The aim of the fund is to support the delivery of more diverse, affordable, and well-located homes, faster. The fund will support residential development that can increase housing density and diversity where we need it. Market ready projects which increase density in areas with high demand may be eligible for support, including relief from council infrastructure charges.

By providing targeted support in the form of known infrastructure costs, the fund limits the potential for increasing costs to be passed on to homebuyers.

Funding details

The objectives of the IIDF are to provide targeted support to eligible projects which:

  • deliver increased density in well-located infill areas
  • promote housing choice in existing urban areas in our towns and cities
  • contribute to affordability and/or affordable housing outcomes
  • complement state, regional and/or local policy priorities such as place-based statutory regional plans, Local Housing Action Plans and if applicable, other initiatives that provide multiple benefits (e.g. respond to housing needs to support emerging industries or sectors)
  • can come to market within the specified period.

Priority will be given to projects which can:

  • demonstrate that they are development ready and will translate to homes on the ground within the specified period; and/or
  • deliver affordable housing; and/or
  • include or support gentle density housing.

Eligible development costs

Funding will be available for:

  • the payment of infrastructure charges for trunk infrastructure costs levied by relevant entities for eligible residential development
  • providing refunds of development application fees for applications lodged since announcement of the fund on 3 February 2024 and which are recipients of the above infrastructure charging relief.

Eligible development

Development must meet the following criteria to be considered for receiving funding for eligible development costs:

  • be consistent with the objectives of the fund; and
  • be in Queensland; and
  • be for a material change of use (MCU) or reconfiguring a lot (RaL); and
  • be well-located residential development (this includes the residential component of a mixed-use development); or
  • be accommodation for workers or tertiary students and near major employment centres such as (but not limited to) tertiary institutions, hospitals and medical precincts, or in high-tourism areas; and
  • be for dwellings other than luxury housing; and
  • at the time of the application for funding being decided:
    • construction for a MCU has not started
    • for all other development, the levied charge has not become payable under the Act; and
  • be able to meet the milestones identified in the Fund Guidelines.

Who can apply?

Applications may be made by the landowner, or a development proponent or development application representative authorised to represent the landowner (i.e. the entity or individual responsible for the development application such as a planning consultant or development manager).

Key dates

Applications opened on 10 June 2024. The fund is currently closed while the department undertakes assessments of applications received.

How to apply

Interest in the Incentivising Infill Development Fund has been significant, with a high number of applications received.

Applications are currently closed while the department undertakes assessments of applications received.

Contact

Please contact IIDFund@dsdilgp.qld.gov.au if you have queries about the fund or application process.

Resources

Last updated: 27 Jun 2024