30/04/2026
AI Overview
The NSW Pre-Sale Finance Guarantee is a $1 billion initiative assisting developers to secure construction finance for residential projects that have stalled due to lack of pre-sales.
Eligibility requires projects to be approved, able to begin construction within 6 months, and have a total guaranteed purchase commitment between $5 million and $50 million.
Key Eligibility Criteria:
Project Location & Approval: Projects must be located in NSW and possess, or be close to, full Development Approval (DA).Ready to Build: Construction must be capable of commencing within 6 months of approval.Project Value & Size: Individual dwellings must have a market value of up to $2 million.Guarantee Scope: The government can guarantee up to 50% of the dwellings in a single project.Funding Requirement: The guarantee commitment must fall between $5 million and $50 million per project.Developer Capacity: Developers must demonstrate financial capacity and credibility to complete the project.
Application & Fees:Fees:
Applicants are responsible for non-refundable application, establishment, and line fees.Assessment: Projects are reviewed by the government, often involving Building Commission NSW to verify viability.Purpose: The scheme aims to break gridlock, allowing lenders to provide financing for construction when the required number of private pre-sales hasn't been met.
The program is designed as a revolving fund, meaning once projects are completed and dwellings are sold, the guarantee is freed up for other projects within the 5-year program duration.