Premier’s Disaster Relief Appeal Funding Second Round
A second round of funding from the Premier’s Disaster Relief Appeal has been announced specifically to address owner occupied homes that are uninhabitable, meaning the funds will go directly to those hardest hit.
This round will provide some certainty for those whose homes have been destroyed and who are literally rebuilding their lives in the aftermath of our summer of sorrow.
A generous income test will be applied to determine eligibility for assistance and the amount of assistance received. Owner occupied households with a combined income of up to $150,000 per annum will be eligible for payments from the fund.
Those who are eligible will receive an initial payment of $10,000 towards their rehousing or rebuilding needs.
Further assistance of $90,000 up to a total of $100,000 may be available, subject to assessment by the applicant’s insurer or another appointed assessor.
Applicants with a combined household income of up to $100,000, who meet all the eligibility requirements, could receive total assistance of up to $100,000 towards rebuilding their homes.
Those with income between $100,000 and $150,000 per annum, if eligible, could receive total assistance of between $10,000 and $100,000.
Under this funding round, assistance will be available where:
- an applicant’s home was totallydestroyed, is unable to be
repaired or must be demolished
- the damaged residence was owned by the applicant and was their principal place of residence at the time of the flooding or Tropical Cyclone Yasi; and
- the applicant would not be able to rebuild or re-establish a new home without significant financial assistance.
Insurance payments and any assistance provided under the Structural Assistance Grants available under the Natural Disaster Relief and Recovery Arrangements will be taken into account when deciding the actual level of assistance.
The Department of Communities will accept and assess applications on behalf of the Government and every effort will be made to process all claims as quickly as possible.
Full details of this funding round and the application forms will be available from next Monday, 14 March. Applications close on 15 April 2011.
Support for Eligible Businesses, Primary Producers and Not-for-Profit Organisations
Eligible local businesses, primary producers and not-for-profit organisations are urged to apply for the extended financial assistance announced by the Bligh and Gillard Governments.
Additional assistance for 33 Queensland Local Government Areas has been activated under Category D of the Natural Disaster Relief and Recovery Arrangements (NDRRA), including Brisbane City Council area.
Eligible businesses, primary producers and not-for-profit organisations that have suffered extreme damage can access special concessional loans of up to $650,000, with a grant component of up to $50,000. The loans will be offered over a ten year period, the first two years are interest and repayment free.
Grants will be jointly funded by the Commonwealth and State Governments under the NDRRA arrangements and eligibility will be assessed on a case by case basis.
NDRRA Category C clean-up and recovery grants of up to $25,000 are also being made available for eligible small businesses, primary producers, and not-for-profit organisations affected by the recent disasters.
Contact the Queensland Rural Adjustment Authority (QRAA) on 1800 623
946 or www.qraa.qld.gov.au.