The Infrastructure Development Fund's Stream 1: Targeted Apartment Rebate provides funding assistance to developers/landowners for infrastructure charges and/or connection costs from the Water Corporation or Western Power.
A maximum rebate of $10,000 per apartment dwelling is available for development projects with an existing development approval, but where development has not been substantially commenced.
Developers/landowners will be able to apply for the rebate by demonstrating that their development meets the eligibility criteria within the Infrastructure Development Fund - Stream 1: Targeted Apartment Rebate - Guidelines for Applicants. Once a development project has been determined to be eligible for the rebate, a pre-approval letter and funding agreement will be issued.
Successful applicants will be able to claim the rebate by providing relevant invoices for the infrastructure charges and/or connection costs from the Water Corporation or Western Power to the Department of Planning, Lands and Heritage (the Department). The Department will then ensure that these costs are consistent with the terms and conditions within the pre-approval letter and funding agreement. The rebate will be paid directly by the Department to the Water Corporation or Western Power, with evidence of this payment to be provided to successful applicants for their records.