First home­buy­ers ex­ten­sion

Port Douglas & Mossman Gazette - - NEWS -

HOME­BUY­ERS liv­ing in the Dou­glas re­gion can still get the first home­own­ers’ grant of $10,000 af­ter the State Gov­ern­ment ex­tended the cash pool un­til the end of April.

NQ Homes owner Brad Small said that the State Gov­ern­ment had made 14,000 grants of $10,000 avail­able for peo­ple want­ing to build new homes but only 2300 peo­ple have taken ad­van­tage of the of­fer.

“Be­cause of the lower than ex­pected up­take, the State Gov­ern­ment has now ex­tended the grants of­fer un­til the end of April,” Mr Small said.

“This is very en­cour­ag­ing news for our lo­cal mar­ket and I would ad­vise peo­ple who are look­ing at buy­ing a home to do their sums and to talk with their bank and if they are el­i­gi­ble to ap­ply for the $10,000 grant -the grant is free money and does not have to be paid back.

“This grant is avail­able to ev­ery­one who is el­i­gi­ble re­gard­less if they pre­vi­ously bought or owned a home.

“As well as the $10,000 on of­fer to build new homes, a grant of $7000 is avail­able to first home­buy­ers who wish to buy an es­tab­lished home.”

You can ap­ply for the grants through an ap­proved lend­ing in­sti­tu­tion.

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