Low Cost Loans Initiative: Round 4

Before completing this application form, you should have read the Low Cost Loans Initiative: Round 4 Program Guidelines. 

Enquiries seeking further information and advice can be directed to the Department of Planning, Housing and Infrastructure's LCLI Program team at LCLI Mailbox

Please submit this completed form including supporting documentation by 5pm Friday 12 December 2025.

The Low Cost Loans Initiative (LCLI) is a $20.9 million NSW Government initiative to support regional NSW and get more people into homes through the delivery of infrastructure earlier. It provides funding to reduce the cost of borrowings for critical enabling and supporting infrastructure so that land is development-ready sooner and available for new housing supply.

The LCLI will provide 95 regional councils with the opportunity to access funding to reduce the cost of interest on loan borrowings. The NSW Government will refund 50% of the costs of council’s interest payments on loans for eligible infrastructure.

The objectives of the LCLI are to:

• enable forward funding of local infrastructure by local government for the accelerated delivery of housing;
• provide councils with safe, cheaper finance subsidised by the NSW Government; and
• facilitate the quick delivery of infrastructure in new housing areas.

Priority will be given to projects that enable the delivery of new homes by 30 June 2029 to support the NSW Government’s housing completion targets.

The Applicant acknowledges and agrees that:

• submission of this application does not guarantee funding will be granted for any project, and the Department expressly reserves its right to accept or reject this application at its discretion;
• it must bear the costs of preparing and submitting this application and the Department does not accept any liability for such costs, whether or not this application is ultimately accepted or rejected; and
• it has read the Program Guidelines and has fully informed itself of the relevant program requirements.

By submitting this application form, the Applicant acknowledges and agrees that:

• if this project application is successful, the relevant details of the project will be made public, including details such as the names of the organisation (Applicant) and any partnering organisation (state government agency or non-government organisation), project title, project description, location, anticipated time for completion and amount awarded;
• the Department will use reasonable endeavours to ensure that any information received in or in respect of this application which is clearly marked ‘Commercial-in-confidence’ or ‘Confidential’ is treated as confidential, however, such documents will remain subject to the Government Information (Public Access) Act 2009 (NSW) (GIPA Act); and
• in some circumstances the Department may release information contained in this application form and other relevant information in relation to this application in response to a request lodged under the GIPA Act or otherwise as required or permitted by law.

• It has been prepared by and is being submitted by a regional NSW council;
• Council has met the Office of Local Government key financial benchmarks and can access either a NSW Treasury Corportation (TCorp) loan or another commercial bank loan; and 
• Council is building critical local infrastructure to enable the development of new private dwellings which are used primarily for residential purposes.