Camden MP Peter Sidgreaves says his electorate will share in more than $250 million of infrastructure funding to support the delivery of thousands of new homes across NSW.
He said that $21.77 million of the funding, delivered through the third round of the NSW Government’s Accelerated Infrastructure Fund (AIF), will assist the delivery of the Camden Council’s Dickson Road and Town Centre Entry project and Woolgen Park Road project.
“This funding will see the delivery of important projects that will increase people’s choice on where they decide to reside,’’ Mr Sidgreaves said.
“Our area is growing and it’s important that we unlock the land needed for new homes and ensure there is the right infrastructure in place to support that growth long term and get people into homes faster,” Mr Sidgreaves said.
Minister for planning and homes Anthony Roberts joined Mr Sidgreaves and Camden mayor Therese Fedeli for the announcement.
Mr Roberts said the councils successful in this round of the AIF will also provide their own funding for projects, amounting to a combined $517 million worth of infrastructure on the way for NSW.
“We had an outstanding response from regional councils eager to work in partnership with the NSW Liberal and Nationals Government to unlock land for new homes faster and boost economic growth,’’ he said.
“We share their ambition and look forward to working together,” Mr Roberts said.
In a media release, Premier Dominic Perrottet said an initial 36 councils and agency-led projects will receive funding through the current round of the AIF.
“We are fast-tracking the delivery of essential infrastructure required to speed up the construction of thousands of new homes right across our state,” Mr Perrottet said.
“This is part of our strategy to get people into homes faster by cutting red tape, speeding up development applications and boosting construction by getting more shovels into the ground sooner.”
“Our long term economic plan is delivering major infrastructure projects for the future and will support communities as they grow.”
PICTURE: Mr Sidgreaves with Anthony Roberts (centre) and Mayor Therese Fedeli.
One thing that Camden does not need is more housing as developers have enough rezoned land ready for subdivision to near double the population. Developers have made a fortune over the last few years as they control the supply of land to the stage that land now constitutes some 60% of the cost of a home so to spend $21.7 m to subsidise development is a gift to developers. What Camden needs now is a breather so that the huge increase in population can settle into the community and allow families to make their contributions to community life as the battle with the huge increases in loan repayments forced by the massive increases in rates by the banks. This funding would be better spent of transport services that now don’t exist