HomeBuilder is a Commonwealth grants program administered by the ACT Revenue Office (ACTRO). HomeBuilder provides eligible owner occupiers with a grant of $25,000 for contracts entered into from 4 June 2020 to 31 December 2020 and $15,000 for contracts entered into from 1 January 2021 to 31 March 2021, 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. a spec build) and where construction commenced on or after 4 June 2020.
Prospective applicants should read the information on the HomeBuilder Grant on the Commonwealth Treasury’s website to determine their eligibility before applying: https://treasury.gov.au/coronavirus/homebuilder.
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