Loans to Help Struggling Builders Complete Homes

Loans to Help Struggling Builders Complete Homes
A man works on the roof of a new home in Albany, Western Australia, on Dec. 14, 2023. Susan Mortimer/The Epoch Times
|Updated:

Homebuyers stuck in limbo due to unfinished houses have been thrown a lifeline, with West Australian (WA) government loans to help struggling builders complete projects.

The $10 million (US$6.7 million) program will provide interest-free loans of up to $300,000 (US$200,000) for builders with houses that have been under construction for more than two years.