Low Cost Loans Initiative (LCLI)
Successful projects in NSW
NSW Department of Planning, Industry & Environment | 1
October 2019
Council name Project description # New homes
enabled
Total cost of infrastructure
works $
Loan amount
$
Loan interest $
LCLI 50% interest refund $
Albury City Council
Thurgoona Link Road – construction of link road to provide access to residential land and assist traffic congestion from council's Thurgoona growth corridor, includes supporting land acquisition, environmental and heritage studies.
10,000 5,700,000 5,700,000 850,000 425,000
Berrigan Shire Council
Barooga Water Treatment Plant – upgrade works to provide for residential expansion and improve water quality beyond 2021.
250 4,472,421 4,000,000 568,304 284,152
Berrigan Shire Council
Lewis Crescent – stormwater drainage, open space irrigation works and improved pedestrian access to Berrigan town centre
17 1,314,272 1,000,000 142,076 71,038
Griffith City Council
CBD Precinct – civil engineering works including water mains, stormwater drainage, roads and streetscape improvements to support multi-unit developments
323 11,000,000 10,000,000 1,420,768 710,384
Queanbeyan-Palerang Regional Council
Ellerton Drive – a 4.6km extension road and bridge crossing works to reduce traffic congestion in the CBD and support growing communities along major arterial routes includes a shared off-road cycling and pedestrian pathway and space for on-road cyclists, stormwater drainage and three fauna under-passes.
5,161 86,000,000 36,000,000 5,965,480 2,982,740
Low Cost Loans Initiative (LCLI)
Successful projects in NSW
NSW Department of Planning, Industry & Environment | 2
Council name Project description # New homes
enabled
Total cost of infrastructure
works $
Loan amount
$
Loan interest $
LCLI 50% interest refund $
Wagga Wagga City Council
Infrastructure Projects – road works to support growing residential areas including the Amundsen bridge crossing, Gregadoo road corridor and intersection upgrades.
5,439
4,348,938 3,075,284 440,000 220,000
Wagga Wagga City Council
Recreation Projects – village community recreation facility upgrades, Wagga Beach Landscape Upgrade Stage 2 as part of the Riverside project, along with the multisport cycling complex at Pomingalarna Reserve and Harris Road shared path works.
16,326,325 3,889,030 500,000 250,000
Wagga Wagga City Council
Utilities Projects – stormwater drainage improvements from Kincaid St end to Flowerdale pumping station and
improvements from Jubilee Oval to Red Hill Road, Ashmont sewer gravity mains upgrade, sewer pumping station works at Hammond Avenue and Lakehaven West.
2,023,917 1,960,592 280,000 140,000
TOTAL 21,190 131,185,873 65,624,906 10,166,628 5,083,314
© State of New South Wales through Department of Planning, Industry and Environment 2019. The information contained in this publication is based on knowledge and understanding at the time of writing (October). However, because of advances in knowledge, users are reminded of the need to ensure that the information upon which they rely is up to date and to check the currency of the information with the appropriate officer of the Department of Planning, Industry and Environment or the user’s independent adviser.
