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Builders’ loan scheme extended, give lifeline to 70 homeowners left stranded in construction crunch

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Builders’ loan scheme extended, give lifeline to 70 homeowners left stranded in construction crunch

At least 70 unfinished home builds are set to get a lifeline from the State Government, which will on Monday announce an extension to its builders’ support loan scheme.

The $10 million program, which opened at the start of this year amid WA’s housing construction crunch leaving families stranded, has so far paid out $5.7 million in loans for 97 homes.

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