$400 million Regional Precincts and Partnerships Program
The Australian Government’s Regional Precincts and Partnerships Program (RPPP) will offer non-competitive grant funding across two streams for the development and delivery of precincts that aim to deliver investment in regional, rural and remote Australia.
STREAM 1 is aimed at Precinct development and planning. Grants from $500,000 to $5 million are available for master planning, consultation, design, business cases and partnership establishment.
STREAM 2 is aimed at Precinct delivery. Grants from $5 million to $50 million are available to deliver one or more elements of a precinct, including upgrades or extensions of existing infrastructure and new infrastructure.
The program is targeting projects located in renewal and growth areas in regional centres, regional corridors, regional cities, as well as smaller town centres that serve as service hubs in more remote communities. Regional precincts may include business districts, neighbourhoods, activity centres, commercial hubs or community and recreational areas.
The program focuses on projects with a strong collaborative partnership approach, bringing together governments and communities to deliver regional precincts that are tailored to local needs. The program seeks to provide benefits related to productivity, equity and resilience. As well as contribute to the Australian Government’s current policy priorities, including but not limited to Closing the Gap, transition to a net zero economy, Australia’s emission reduction goals, social and affordable housing, and National Cultural Policy.
The Government has allocated $400 million to the RPPP over three years, with $100 million available for 2023-24, and $150 million for each of 2024-25 and 2025-26. Up to 100% funding of eligible expenditure is available across both streams.
Drawing on Peak’s collective knowledge delivering start-to-finish projects and securing significant funding for community infrastructure projects will be invaluable to councils wanting to be successful with this fund.
Our team can qualify and quantify economic and social benefits in response to selection criteria, and we have substantial experience compiling supporting evidence and developing project plans to demonstrate project readiness.
Contact our Grant Program Office for assistance planning, developing and submitting your application to the Regional Precincts and Partnerships Program.
For more information, visit: Regional Precincts and Partnerships Program