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The Queensland Government Building Boost Grant is available to buy or build a new home in Queensland from 1 August 2011 to 31 January 2012



What is the Queensland Building Boost Grant? The Queensland Building Boost Grant is a grant of $10,000 for a person or corporation buying or building a new home in Queensland for a value less than $600,000 (house and land). The grant is to assist recovery in the housing construction sector, Queensland's third-largest job generating industry.

For more detailed information please visit the official Queensland government website.

http://boost.treasury.qld.gov.au/

Who can obtain the Building Boost Grant?
The grant is open to home buyers and investors. Corporations and trustees (including superannuation funds) may also apply.
An individual applicant must be 18 years of age or over and a citizen or permanent resident of Australia.

A corporation must be substantially Australian owned to be eligible. Similarly, if the applicant is a trustee, the trust must be substantially Australian owned. Read more about the eligibility of corporations and trustees( http://boost.treasury.qld.gov.au/buying-or-building/faqs.php#heading-3610454168 ).

The grant is not payable for a building contract, or to an owner builder, if the applicant carries on the business of building homes and the home was constructed for sale in the course of that business.

What types of homes qualify? New house builds, house and land packages, units, duplexes, townhouses and other detached dwellings are eligible.

Manufactured homes under the Manufactured Homes (Residential Parks) Act 2003 are also eligible.

An applicant can also obtain the grant for a new home constructed on a relative’s land such as a detached granny flat or a new home on a farm.


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