Tasmanians who wish to build a new home between now and the end of the year could benefit from $45,000 from the federal and state governments.
The state government's $3.1 billion revised construction plan was revealed by Premier Peter Gutwein on Thursday.
The plan includes an aim to build almost 2300 new houses across the state over two years, including social and affordable houses.
The government will invest $100 million to provide 1000 new social housing properties in collaboration with community housing providers.
There will be $24 million provided to build 220 houses a year earlier than planned under the government's Affordable Housing Strategy.
The government will expand the first home builders grant to any owner-occupier until the end of the year at an anticipated cost of $20 million. It is predicted this will allow for up to 1000 homes to be built.
Premier Peter Gutwein said with federal government support of $25,000, also announced on Thursday, this meant Tasmanians had $45,000 available to them to build a new home, whether it was their first home or 10th home.
"Here in Tasmania, there has never been a better time to build a new home," he said.
"It'll be the best value-for-money home that you could get your hands on."
Detailed guidelines over eligibility criteria for the state grant will be released on Tuesday.
Eligibility thresholds to the state's HomeShare program will be revised which is hoped to lead to a further 150 home purchases, including 75 new builds.
Housing Minister Roger Jaensch said 1000 social housing builds would be contracted in the first half of next year over two years.
"What the industry has told us is that they don't want a sugar hit right away," he said.
"They want to know where the pipeline of building work is coming from."
The government will allocate $40 million towards road and safety upgrades over 2020-21.
An upgrade to the Bass Highway near Boat Harbour is included in the first tranche of road projects.
The government will invest $15 million to accelerate progress on the $28.1 million Don irrigation scheme.
Construction of the scheme is expected to start early next year.
The government will invest $10 million to fund upgrades to regional health centres and ambulance stations.
It will provide an extra $7 million to fast-track the construction of five more Child and Family Learning centres, including new centres in the East Tamar and Waratah-Wynyard regions, and Ulverstone.
There will be $12 million provided to the Wynyard Coastal Pathway between Cooee and Wynyard.
There will be $10 million in grants available to sporting organisations and clubs for facility and amenity upgrades.
Mr Gutwein said the total construction package would stimulate investment in the private sector and generate 15,000 jobs over two years.
"The best way to get our budget back on track and grow business confidence and create jobs is to grow the economy, and that's what we are doing," he said.
PACKAGE MOSTLY WELCOMED
Tasmanian Chamber of Commerce and Industry chief operating officer Colleen Reardon said it appeared project under the plan were located around the state which would ensure a geographically balanced economic recovery.
Housing Industries Association state executive director Stuart Collins said it was pleasing to see new housing at the forefront.
"HIA will continue to work through the details with government including the need to fast track projects and provide a skilled workforce to meet the prescribed time frames," he said.
Master Builders Tasmania executive director Matthew Pollock said the expanded home builder grant scheme would help safeguard 6000 businesses and the jobs of 20,000 workers.
"We were staring at a shortfall of 700 properties due to COVID-19 in the next 12 months," he said.
"This stimulus will go a long way to covering that shortfall and ensure that supply constraints do not cause issues down the track."
Civil Contractors Federation chief executive Rachael Matheson said Thursday's announcement would do little to bring forward spending for the sector, and resembled a missed opportunity.
"The government has recommitted to its existing budget and announced a few other projects," she said.
"The lag between announcing a project and actually building it is a huge problem and the government needs to explain what it is doing to fix that."
Shelter Tas chief executive Pattie Chugg said an additional $100 million investment in social housing was much-needed.
"Ultimately, supporting social housing is an investment in community wellbeing and health," Ms Chugg said.
"In a time of crisis, it is strikingly clear that a secure home is paramount for everyone."
Labor leader Rebecca White said she welcomed additional investment in social housing. "We need to make sure though that we provide opportunities for Tasmanians to get work as the construction program rolls out," she said.
Ms White said it was important to ensure that Tasmanian women had equal opportunities to find employment during the recovery period.
Greens leader Cassy O'Connor said it was pleasing to see public money invested into providing more affordable homes but wanted to see an expansion of the HomeShare scheme.
"One of the most critical things you can do to break people out of disadvantage is to give them the opportunity for homeownership," she said.