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$vuetify.icons.faPhone1300 650 620

HIA supports extension of HomeGrown Territory grants

Media release

HIA supports extension of HomeGrown Territory grants

Media release
“The Housing Industry Association (HIA) welcomes the extension of the HomeGrown Territory grants until September 2026, which will support more Territorians into their own home,” said Luis Espinoza, HIA’s Executive Director.

“Super-charging the first home owner’s grant and boosting funding for ongoing homeownership was a key priority for HIA at the 2024 election and it is positive to see Government delivering on this promise.

“Access to secure, affordable housing in the NT is an ongoing challenge for families and first homeowners and these grants serve to address the rising cost of housing in the top end.

“The HomeGrown Territory grants are an important initiative by the NT Government which will bolster home building activity, supporting local building, trade and supply businesses after several challenging years,” added Mr Espinoza.

“In addition to the HomeGrown Territory grants, HIA calls on Government to ensure it is removing all barriers to home ownership, including cutting red tape and taxation on housing, supporting skills and workforce development, as well as addressing known challenges with the Fidelity Fund NT.

“These and other forms of housing incentive programs are critical to boost housing supply and home ownership rates to support first home buyers, as well as existing homeowners, to build a life in NT.

“HIA will continue to support and advocate for policies that assist more prospective homeowners into housing and help them achieve their home ownership aspirations,” concluded Mr Espinoza.

For more information please contact:

Luis Espinoza

Executive Director – Northern Territory
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