	{"id":56619,"date":"2022-08-04T01:06:22","date_gmt":"2022-08-03T15:06:22","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=56619"},"modified":"2022-08-05T16:32:46","modified_gmt":"2022-08-05T06:32:46","slug":"new-framework-for-developer-costs","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/","title":{"rendered":"New framework for developer costs"},"content":{"rendered":"<p>An updated infrastructure contribution framework is now in effect for Torquay and Jan Juc, outlining payments developers must make for community facilities when building new housing.<\/p>\n<p>The state government approved an amendment to the Torquay-Jan Juc Development Contributions Plan (DCP) on June 30 for immediate effect.<\/p>\n<p>The Surf Coast Shire council developed an update to its 2011 plan during last year and approved the plan for ministerial review in March.<\/p>\n<p>Changes implemented into the new plan included an increase in contribution rates following updated costings of infrastructure projects, more flexibility for timing of project delivery and clarity regarding works in kind.<\/p>\n<p>Development of the 2021 update was open for public consultation late last year.<\/p>\n<p>Funds raised through the DCP go towards shared community infrastructure such as road upgrades and intersection works, pathways, buildings, libraries, sporting facilities and open space improvements.<\/p>\n<p>&#8220;The Development Contributions Plan system in Victoria is designed to ensure that new development makes a proportionate contribution to the new infrastructure required to service a new community,&#8221; the council&#8217;s most recent report in March stated.<\/p>\n<p>The council report indicated the DCP had contributed $22.8 million since its implementation \u2013 equivalent to about 28 per cent of relevant infrastructure spending.<\/p>\n<p>The payments are due at the time of subdivision of residential, building and industrial projects (development infrastructure charge) and before the issue of a building permit (development contributions plan).<\/p>\n<p>Each developers contribution to the fund depends on the location and type of the build.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BY BILLY HIGGINSAn updated infrastructure contribution framework is now in effect for Torquay and Jan Juc, outlining payments developers must make for community facilities when building new housing.The state government approved an amendment to the Torquay-Jan Juc Development Contributions Plan (DCP) on June 30 for immediate effect.The Surf Coast Shire council developed an update to its 2011 plan during last year and approved the plan for ministerial review in March.Changes implemented into the new plan included an increase in contribution rates following updated costings of infrastructure projects, more flexibility for timing of project delivery and clarity regarding works in kind.Development of the 2021 update was open for public consultation late last year.Funds raised through the DCP go towards shared community infrastructure such as road upgrades and intersection works, pathways, buildings, libraries, sporting facilities and open space improvements.&#8221;The Development Contributions Plan system in Victoria is designed to ensure that new development makes a proportionate contribution to the new infrastructure required to service a new community,&#8221; the council&#8217;s most recent report in March stated.The council report indicated the DCP had contributed $22.8 million since its implementation \u2013 equivalent to about 28 per cent of relevant infrastructure spending.The payments are due at the time of subdivision of residential, building and industrial projects (development infrastructure charge) and before the issue of a building permit (development contributions plan).Each developers contribution to the fund depends on the location and type of the build.  [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":195,"featured_media":56620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-56619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New framework for developer costs - Bellarine Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New framework for developer costs - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"BY BILLY HIGGINSAn updated infrastructure contribution framework is now in effect for Torquay and Jan Juc, outlining payments developers must make for community facilities when building new housing.The state government approved an amendment to the Torquay-Jan Juc Development Contributions Plan (DCP) on June 30 for immediate effect.The Surf Coast Shire council developed an update to its 2011 plan during last year and approved the plan for ministerial review in March.Changes implemented into the new plan included an increase in contribution rates following updated costings of infrastructure projects, more flexibility for timing of project delivery and clarity regarding works in kind.Development of the 2021 update was open for public consultation late last year.Funds raised through the DCP go towards shared community infrastructure such as road upgrades and intersection works, pathways, buildings, libraries, sporting facilities and open space improvements.&quot;The Development Contributions Plan system in Victoria is designed to ensure that new development makes a proportionate contribution to the new infrastructure required to service a new community,&quot; the council&#039;s most recent report in March stated.The council report indicated the DCP had contributed $22.8 million since its implementation \u2013 equivalent to about 28 per cent of relevant infrastructure spending.The payments are due at the time of subdivision of residential, building and industrial projects (development infrastructure charge) and before the issue of a building permit (development contributions plan).Each developers contribution to the fund depends on the location and type of the build. [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"Bellarine Times\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-03T15:06:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-05T06:32:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Billy Higgins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Billy Higgins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/\"},\"author\":{\"name\":\"Billy Higgins\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/person\\\/3238e894a9405429473101b410554085\"},\"headline\":\"New framework for developer costs\",\"datePublished\":\"2022-08-03T15:06:22+00:00\",\"dateModified\":\"2022-08-05T06:32:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/\"},\"wordCount\":244,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2022\\\/08\\\/Facebook-Feature-Picture-6.png\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/\",\"name\":\"New framework for developer costs - Bellarine Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2022\\\/08\\\/Facebook-Feature-Picture-6.png\",\"datePublished\":\"2022-08-03T15:06:22+00:00\",\"dateModified\":\"2022-08-05T06:32:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/new-framework-for-developer-costs\\\/#primaryimage\",\"url\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2022\\\/08\\\/Facebook-Feature-Picture-6.png\",\"contentUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2022\\\/08\\\/Facebook-Feature-Picture-6.png\",\"width\":1200,\"height\":630,\"caption\":\"A new Development Contribution Plan is in effect for Torquay and Jan Juc. 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[...]Read More...","og_url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/","og_site_name":"Bellarine Times","article_published_time":"2022-08-03T15:06:22+00:00","article_modified_time":"2022-08-05T06:32:46+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png","type":"image\/png"}],"author":"Billy Higgins","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Billy Higgins","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#article","isPartOf":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/"},"author":{"name":"Billy Higgins","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#\/schema\/person\/3238e894a9405429473101b410554085"},"headline":"New framework for developer costs","datePublished":"2022-08-03T15:06:22+00:00","dateModified":"2022-08-05T06:32:46+00:00","mainEntityOfPage":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/"},"wordCount":244,"publisher":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#organization"},"image":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#primaryimage"},"thumbnailUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png","articleSection":["Real Estate"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/","url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/","name":"New framework for developer costs - Bellarine Times","isPartOf":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#website"},"primaryImageOfPage":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#primaryimage"},"image":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#primaryimage"},"thumbnailUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png","datePublished":"2022-08-03T15:06:22+00:00","dateModified":"2022-08-05T06:32:46+00:00","breadcrumb":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/new-framework-for-developer-costs\/#primaryimage","url":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png","contentUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2022\/08\/Facebook-Feature-Picture-6.png","width":1200,"height":630,"caption":"A new Development Contribution Plan is in effect for Torquay and Jan Juc. 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