Mascot Towers residents given temporary accommodation assistance by NSW Government

Mascot Towers residents given temporary accommodation assistance by NSW Government
Joel RobinsonDecember 7, 2020

Residents who aren't able to get back in to their unsafe apartments in Mascot Towers have been given access to temporary residential accommodation assistance by the NSW Government.

The government will supply emergency financial support to the Mascot Towers Owners Corporation.

Residents of a one bedroom unit will be able to access funding for accommodation of up to $220 per night. Two bedroom apartment residents will be able to get $300 per night and there is up to $400 per night for a three-bedroom unit, all paid subject to actual costs incurred. 

Minister for Better Regulation and Innovation Kevin Anderson said residents of the 132 units would temporarily be able to access financial support for incurred accommodation expenses whilst engineers determine the root cause of the issues. 

“The residents of the Mascot Towers are facing exceptional circumstances with a long wait to understand what has caused this problem," Anderson said.

"That’s why the Government is providing residents and owners some certainty by helping them meet the cost of emergency accommodation until liability can be determined and these costs recovered. 

“Whilst residents wait for advice from specialist engineers on the root cause of the problem, we are taking decisive action to ensure all residents of the complex, both home owners and tenants, are not left out in the cold. 

“I hope that this package will also help ease some of the stress that has no doubt been felt by the Strata Manager and volunteer Strata Committee, who have worked tirelessly to support residents in these exceptional circumstances.” 

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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