The $200 million Building Acceleration Fund is a Queensland Government initiative to accelerate economic recovery through investing in infrastructure that unlocks development, generates construction activity and creates long-term employment.

The fund will provide co-investment funds through an interest-free loan. The funds will be available to eligible developers, councils and industry for infrastructure projects that generate private sector investment and stimulate post–COVID19 economic recovery.

Applications for the Building Acceleration Fund closed on Friday 4 September 2020.

An assessment panel is currently evaluating all submissions received by the deadline.

Applications were open for projects ready to commence construction within 12 months of funding approval, and that demonstrate substantial flow-on economic benefits.

Proponents and projects have to meet eligibility requirements outlined in the guidelines (582 KB), including providing a co-investment towards the project costs.

Frequently asked questions

What is the Building Acceleration Fund (BAF-2020)?

What is catalyst infrastructure?

What is co-investment?

Who is eligible for BAF-2020 funding?

What infrastructure projects could be considered for BAF-2020 funding?

Where will the projects be located?

When will the BAF-2020 start?

What will government consider in deciding whether to co-invest in a project?

If a proponent is successful, will they need to enter into an agreement?

What interest is payable on co-investment?

Will the government manage the delivery of the BAF-2020 infrastructure?

Is there an example of the kind of project that would be supported?

Is a project eligible if it has previously secured grant funding?

More information

For more information about the Building Acceleration Fund:

  • call 07 3452 7880 or 13 QGOV (13 74 68)
  • email: This email address is being protected from spambots. You need JavaScript enabled to view it.