Eligibility for the Fund

Eligibility to join the fund

To be a registered participant in the fund you must have met all of the following:

You registered your interest to participate in the fund before 30 July 2023.

There are additional eligibility requirements for some of the sub-programs, review the specific eligibility for the Home Raise program and the demolish and rebuild or relocate program.

The Fund is closed to new registrations of interest.

Factors affecting your ongoing eligibility

Insurance

Funding is available to both insured and uninsured homeowners.

If you have a home insurance policy that includes inundation by flood water, you will need to finalise a claim through your insurer before applying for funding. You must provide proof of your insurer accepting or rejecting your claim as part of the application process.

The Fund will only pay for works that are not covered by your insurance.

However, if your insurer has covered the full cost of your repairs, you may still be eligible for funding if the insurance repair is ‘like for like' (it does not improve the flood resilience of your home). In that circumstance, you can apply for funding to complete additional retrofit works under the Resilient Retrofit program.

Income and assets

Participation in the fund is not income or asset tested. If you are in genuine hardship, you can apply to have the co-contribution requirements waived for works above the threshold amounts ($50,000 for Resilient Retrofit and $100,000 for Home Raising).

Completed works

You may be eligible to apply for reimbursement of eligible completed resilience works.

Other grants

Applying for other government grants does not affect your eligibility to apply for funding. However, the fund will only pay for works that are not covered by another grants.

Multiple homes on the property

If there is more than one home on the property (e.g. a home and granny flat), you can make an application for both homes, however, the thresholds are shared.

Example: Homes 1 and 2 are eligible homes on the same property. The cost of repairing both homes is $100,000. The base repair or retrofit funding available for works to both homes is $50,000. The owner would make a co-contribution of $25,000 and the fund would pay the remaining $25,000.

Buying or selling during the process

If you are already registered in the program and planning to sell your home, all works must be completed and payments drawn prior to the sale of the home.

If you sell your home before funding is fully drawn, you will no longer be eligible for grant funding under the Resilient Homes Fund. This also includes retrospective claims to fund works which may be in progress or which have already been completed.