The Scheme, which opened for the first round of applications from January 2023 to April 2023, aims to unlock the economic and social value of unoccupied urban sites, by providing financial support to offset additional costs faced when redeveloping brownfield sites.
Similar to the initial phase, the Island Infrastructure Scheme will provide financial assistance of up to 25% of eligible expenditure to developers, by way of a grant towards development projects which meet the criteria outlined in the Scheme guidance.
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