HomeBuilder Applications cannot be submitted until the online portal goes live.
HomeBuilder provides eligible owner occupiers with a grant of $25,000 to build a new home, substantially renovate an existing home or buy an off the plan home/new home. A new home is one that has not previously been sold or occupied as a place of residence, (e.g. spec build) and where construction commenced on or after 4 June 2020.
On 4 June 2020 the Australian Government announced HomeBuilder to provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home, substantially renovate an existing home or buy an off the plan home/new home.
The eligible contract must be signed between 4 June 2020 and 31 December 2020 (inclusive). Construction need not commence prior to 31 December 2020, however, must commence within three months of the contract date. Further, construction cannot have commenced before 4 June 2020.
The Australian Government HomeBuilder Grant is subject to the provisions of the National Partnership Agreement between the New South Wales Government and Australian Government.
HomeBuilder compliments Revenue NSW existing First Home Owner’s Grant (New Home) Scheme and First Home Buyers Assistance Scheme.
HomeBuilder applications are to be lodged via an online portal, which will be available on the Office of Revenue website shortly.
The application form and lodgement guide are provided as a guide to assist in preparing your application for lodgement via the online portal.
Applications must be received by no later than 31 December 2020.
Applicant(s) can lodge their application in a multi-step process with the initial lodgement being after an eligible HomeBuilder contract has been entered into. Once commencement of construction and the payment eligibility requirements milestones have been met, any additional supporting documentation should be lodged via the online portal.
For More information https://www.revenue.nsw.gov.au/grants-schemes/homebuilder