Qld flood victims taking up govt home buyback offer

RESIDENTIAL PROPERTY

NEARLY 500 flood-impacted Queensland families have accepted an offer to have their home bought back under the state government’s Resilient Homes Fund (RHF).

The program, a jointly-funded initiative delivered through Commonwealth-State Disaster Recovery Funding Arrangements (DRFA)...

To date, 304 sale contracts under the voluntary home buy-back program have already settled, and 110 homes have been demolished or removed...

In total, 497 homeowners have accepted offers for buy-back out of the 676 offers that have been presented to homeowners so far.

A total of 789 valuation inspections have been undertaken, and the government is subsequently expecting that the number of homes purchased under the...

Minister for Emergency Management, Senator Murray Watt said the program had now exceeded original estimates for homes identified and...

“By helping people to relocate to less disaster-prone locations, we can help to defend against the horrific loss of life and property damage...

The government earlier this year announced it was increasing the number of properties identified for buy-back from an initial estimate of...

Steven Miles, Deputy Premier and Minister responsible for the Queensland Reconstruction Authority, said that following homeowner agreement for...

In early July, the Queensland Reconstruction Authority conducted its fourth and final round of damage assessments for floods, that revealed almost 90% of...

More than 6,500 homeowners registered for the $741 million RHF, which comprises a range of home buybacks, house raising and retrofitting programs...

The Department of Energy and Public Works is managing the delivery of the retrofitting and house-raising components of the RHF...

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