The Federal government has extended the construction commencement deadline under the HomeBuilder program.

Homebuilder Construction Deadline Extended

Existing applicants will now have 18 months to commence construction from the date that the building contract was signed (previously applicants only had 6 months to commence construction).

All applicants who signed contracts during the HomeBuilder eligibility period between 4 June 2020 and 31 March 2021 will have this extension applied to them.

The government has decided to provide the extension due to “unanticipated delays in the construction industry caused by COVID-19 related supply constraints including delays in global supply chains and recent natural disasters”.

Source: CHH