Tasmanians could be paid up to $50,000 by the federal government to build new homes or renovate existing dwellings if the recommendations of a Housing Industry Association plan are adopted.
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Released on Friday, the plan includes a raft of recommendations designed to halt a predicted decline in new home sales and construction jobs caused by COVID-19.
Coronavirus: All the latest updates on COVID-19 for Tasmania
The HIA wants the government to introduce a new home building incentive for people whose construction or renovation projects due to have "substantially commenced" by December 31.
A 'HomeKeeper' insurance scheme to underwrite interest only loan payments for new home buyers affected by COVID-19 has also been proposed, along with funding to encourage energy efficiency projects.