The Australian Government has announced an additional $220 million nation-building investment in community infrastructure, to be made available in 2009-10.
This funding injection builds on the $800 million currently being delivered through the Community Infrastructure Program (CIP), the largest federal investment in local community infrastructure.
The funding will assist councils to build and modernise community facilities, including town halls, libraries, community centres, sports grounds and environmental infrastructure. By renewing and upgrading local infrastructure, the government hopes to support local jobs during the global economic recession and provide long-term benefits to communities.
The $220 million injection into the CIP will be delivered as follows: $100 million is being allocated to all 565 of Australia's councils on a formula basis and $120 million for larger Strategic Projects will be available on a competitive basis.
Tuesday, July 7, 2009
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