RDA Gold Coast will have a key role to play in shaping regional infrastructure investment to meet local needs with the launch this month of Round Two of the Regional Development Australia Fund (RDAF).
RDAF is the Australian Government’s $1 billion, five year infrastructure funding program for Australia’s regions.
The fund is open to local government and not-for-profit organisations, with grants of up to $15 million available for well-researched, strategic projects delivering concrete economic and social benefits to their regions.
The Minister for Regional Australia, Regional Development and Local Government, the Hon Simon Crean MP, announced the opening of Round Two, worth $200 million, on November 3.
Key aspects of Round Two include a two-stage application process that will reduce costs for applicants, embed local decision making in the process, and provide early certainty for proponents about their application.
As part of this new role, RDA Committees will review Expressions of Interest (EOI) from all potential applicants and select three viable priority projects for their region to progress to full application.
The new process for RDAF Round Two is:
· Interested applicants are required to email an EOI form to their RDA Committee by Thursday 1 December 2011.
· RDA Committees will review each EOI and select three viable priority projects for their region that will proceed to full application.
· Full applications will be assessed by the Department of Regional Australia, Regional Development and Local Government against the eligibility and selection criteria, risk, and value for money.
· Applications will be considered by the RDAF Advisory Panel which will provide advice to the Minister for Regional Australia, Regional Development and Local Government, the Hon Simon Crean MP. The Minister will make decisions on projects to be funded.
In prioritising our three viable priority projects, RDA Gold Coast will take into account the priorities of our Regional Roadmap, the capacity of the project to address needs in the region, the level of community support for the project, impact of the project on the region and neighbouring regions and readiness to proceed.
Click here for more information about RDAF Round Two.
RDA Gold Coast is holding an Information Session on RDAF Round Two on Monday 21 November at the Southport Community Centre. CLICK HERE for more details.