Grants and Loans
Grants
As restoration and reconstruction works vary in scope and size, there is no set grant amount available.
The Melbourne Heritage Restoration Fund (MHRF) assesses the individual needs of each application, and then makes a decision regarding the level of grant funding to be provided towards the costs.
Grants can only be applied for by the building owner.
The MHRF issues grants for a proportion of the total cost of works (up to 50%).
Approved grants are payable once the work has been completed to the satisfaction of the MHRF’s Conservation Consultant.
Loans
Loan interest rates and repayment options vary, but they are generally offered at a very low interest rate with repayment options of three years and five years depending on the amount of the loan.
Loans can only be applied for by the building owner.
Further information on loan options can be found in the following fact sheet:
Melbourne Heritage Restoration Fund Loan Options (9.46kB)
Further information
Liz Brant
Strategic Planner
9205 5332
Elizabeth.Brant@yarracity.vic.gov.au
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