City of Coffs Harbour Council is set to contribute $1.95 million to a $5.85 million NSW Government project to deliver the North Boambee Valley West road raising and bridge infrastructure project.
$5.85 million in NSW Government funding, delivered through the third round of the Accelerated Infrastructure Fund (AIF), will assist the delivery of the $7.8 million transport project for Coffs Harbour.
“Not only will this grant help the City future-proof North Boambee Road by raising it above the 100-year flood level, but it will provide a higher standard of road infrastructure for residents in North Boambee Valley,” said Mayor, Paul Amos.
The project involves the construction of road raising and bridge infrastructure works to service the North Boambee Valley West Urban Release area and will support the construction of 866 new homes.
“Our area is growing and it’s important 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,” said Member for Coffs Harbour, Gurmesh Singh.
Deputy Premier and Minister for Regional NSW, Paul Toole said the funding builds on a $215 million investment from the Government in the first two rounds of the program, with eligibility extended to regional councils for the first time.
“We know that getting infrastructure right is the key to unlocking land for housing in regional NSW, which is why we have allocated almost $120 million for regional councils in this round, including fast growing areas in the Central West and the Mid North Coast,” Mr Toole said.
“The areas eligible for this funding account for 94% of NSW’s total population growth over the next 10 years, according to the latest population projections.
“Towns across regional NSW are booming, with more and more people moving away from the city. These projects will help set the foundations for future growth.”
Minister for Planning and Minister for Homes Anthony 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. We share their ambition and look forward to working together,” Mr Roberts said.