REDLANDERS will get $25,000 to build a new home or extensively renovate an existing one.
Government announced the housing construction grant last week in an effort to boost demand in the construction sector and keep builders employed.
Bowman MP Andrew Laming said the scheme would not be limited to first home buyers but had to be initiated by end of the year.
"We want to maximise the immediate stimulus to an industry set to take a big hit from the pandemic crisis," he said.
Residents with incomes up to $125,000 and couples up to $200,000 are eligible and the house and land must be valued under $750,000.
Renovations were also possible, but they must be major work valued between $150,000 and $750,000 and the dwelling worth not more than $1.5 million before the work.
Mr Laming said the subsidy could not be used for unconnected additions, such as detached sheds or garages, or for swimming pools, tennis courts or outdoor spas and saunas, and must be under the supervision of a registered or licensed builder.
"I anticipate around 200 Redlanders accessing the new home option and a small additional number bringing forward a major renovation," Mr Laming said.
Heisig Construction's Marcus Arber said: "It's most attractive to those who have stable employment and a need to better their biggest asset, their homes; with this offer assisting families wishing to undertake considerable renovations".
Ormiston home owner Rohan Musgrave said this was the announcement he had been waiting for.
"Upgrading our home just didn't stack up in the current economic conditions, but it does now. This one grant alone precipitates weeks of work for tradies on my place and the boost is enough for me to make a major investment in my home," he said.
