header
Inspiring Our Youth
To Realise Their Potential
Back to Search Results

Drought Infrastructure Fund

Grant Closes: Ongoing Until Expended Value: Up to $1 Million Run By: Rural Assistance Authority Further Information: https://www.raa.nsw.gov.au/loans/dif

The Drought Infrastructure Fund is a long term, low interest loan product supporting NSW farmers to invest in permanent on-farm infrastructure that will:

  • manage adverse seasonal conditions - improve water efficiencies with irrigation systems, cap and piping of bores, new dams, install water tanks and desilting of ground tanks
  • ensure long term sustainability - increase the viability of a farm business and improve pasture and soil health, plant trees for shade and wildlife corridors, eradicate weeds, flood proof property and fence river banks.
  • improve farm productivity - reduce risks and improve efficiencies by building fodder and grain storage facilities, sheds, fencing, roadworks and solar power conversions.

Eligible producers can borrow up to $1 million per project, with a total of $1 million outstanding at any one time to build on-farm infrastructure, including stock containment areas. A 2.5% fixed interest rate is applied to Drought Infrastructure Fund loans which can be repaid over a period of 20 years.

Last Updated: 26th of February 2024
Search Grants & Funding
Share This Page With Someone
Stay Informed
Subscribe to one or more of our regular email subscriptions, to be kept up to date on news and funding opportunities for the region
Choose Your Subscription(s)
Contact Us
Phone02 6771 0700
Emailrdani@rdani.org.au
Opening Hours 9.00am to 5.00pm Monday to Friday
(Except Public Holidays)
Postal Address PO Box 72
Armidale NSW 2350
© Copyright 2024 Regional Development Australia - Northern Inland
An Australian Government Initiative