Local councils and developers across Far North Queensland now have the chance to access a share of $500 million through the Crisafulli Government’s landmark Residential Activation Fund, aimed at ensuring more Queenslanders have a place to call home.
This second round of funding builds on the success of Round One, which fast-tracked critical infrastructure and unlocked 98,000 new homes across the state. The initiative targets the essential trunk and enabling infrastructure required to open up land for residential development, particularly in high-demand areas like Cairns.
Over the past decade, housing approvals in Queensland fell by 29 per cent under Labor, despite strong population growth. This shortage contributed to rising living costs and made it harder for many Queenslanders to enter the property market. The Crisafulli Government’s Residential Activation Fund seeks to reverse this trend, delivering infrastructure faster so new homes can be built sooner.
As part of the broader $2 billion Residential Activation Fund, at least half of all funding is earmarked for regional Queensland, directly addressing years of neglect and supporting the government’s goal of one million new homes by 2044.
Local councils, landowners, and industry partners can apply for funding to deliver infrastructure for both infill and greenfield sites, including water, sewerage, stormwater, power, and road networks. Round Two prioritises projects that are construction-ready, ensuring communities see results quickly. Projects will be assessed based on local demand, community benefit, and readiness, with successful applications expected to commence construction within the year.
We’ve guaranteed at least $1 billion specifically for regional Queensland. Round Two will keep the momentum going by getting construction moving quickly in the Far North.
The next round of the Residential Activation Fund is now open as part of Crisafulli Government’s commitment to deliver a place to call home for more Queenslanders and deliver one million new homes by 2044.
