GO6332: Aged Care Capital Assistance Program - Critical Infrastructure Projects

The purpose of this grant opportunity is to respond to immediate, known issues, where the department identifies there is a critical and urgent aged care need for infrastructure funding in thin market settings.

Under this grant opportunity, organisations must be invited to apply by the department, as the decision maker and in turn demonstrate they meet the eligibility criteria (section 4).

The objectives of the opportunity are to address critical and urgent aged care need for infrastructure funding in thin market settings, where the department identifies: aged care services are at risk of immediate or imminent closure, where a funding commitment to support infrastructure works is a necessary requirement for an aged care service to remain operational there is an immediate or imminent risk to the health, safety, and wellbeing of older Australians and/or aged care workers time-limited opportunities to: secure long-term aged care provision where there is a history of market failure and unmet need, supporting a provider of last resort to undertake a new build or expansion/upgrade activities. capitalise on proposals that will allow for cost sharing arrangements and/or collaborative innovative and integrated approaches in areas of market failure.

The department will specify the maximum funding amount in the invitation and may allocate less than the specified maximum following assessment.