A FURTHER 60 local owners of flood impacted homes will be considered for offers from the State Government in the next round of the Voluntary Home Buy-Back scheme.
The $741m Program is jointly funded through Commonwealth-State Disaster Recovery Funding Arrangements (DRFA) and is the largest of its kind to ever be delivered in Australia.
The second round, known as Tranche 2, has now been finalised.
Queensland Reconstruction Authority has started contacting the next round of homeowners who applied for the voluntary buy back of the worst hit flood areas across Ipswich.
There were 32 offers presented in Tranche 1 at Goodna and Ipswich City Council has begun the process of buying those houses.
Already some 25 homeowners having accepted offers so far. Valuations have commenced for 60 houses in Tranche 2 across the suburbs of Basin Pocket, Bundamba, Churchill, East Ipswich, Goodna, Karalee, Moores Pocket, North Booval, North Ipswich, One Mile, Sadliers Crossing, Tivoli, West Ipswich and Wulkuraka.
The Queensland government has set the eligibility criteria and rules around how the funding is allocated, and as home-owners accept those offers, council will then undertake conveyancing and the buying of those properties.
Once the property has been purchased and settlement is finalised houses will then be demolished in due course, with the land being re-zoned for non-habitable uses in accordance with council’s obligations under the Resilient Homes Fund criteria.
This process will continue to roll out over coming months as the State Government continues to work through the assessment and valuation process for properties that have registered for the Voluntary Home Buy-Back program.
Cr Kate Kunzelmann said assessments are ongoing and registrations can still be made.
