New South Wales Consolidated Acts

ENVIRONMENTAL PLANNING AND ASSESSMENT ACT 1979 - SECT 7.31B

7.31B Purpose of HAP Fund

(1) The purpose of the HAP Fund is to support housing and promote economic activity in each region for which a housing and productivity contribution is required.

(2) The HAP Fund achieves this by providing a source of funding for regional infrastructure in the region that--

(a) facilitates the achievement of the planning priorities identified in a strategic plan applicable in the region, and

(b) is able to be delivered in a reasonable time, and

(c) is aligned with the asset management plan of the public authority to whom funding is provided.

(3) The planning priorities include the housing targets for a district identified in a district strategic plan, as referred to in section 3.4.