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Community Sports Infrastructure Loans Scheme
Providing organisations access to low interest rate loans between $500,000 and $10 million to deliver community sport and recreation infrastructure.
A second round of the $100 million Community Sports Infrastructure Loans Scheme (CSILS) has been confirmed by the Minister for Community Sport to open for application on 1 October 2020. This follows a successful first round in 2018-19 which saw 19 organisations awarded loans to support the delivery of over $282 million in community sport and recreation infrastructure.
The 2020 CSILS will support the delivery of a new round of community sport and recreation infrastructure by providing organisations access to government guaranteed loans between $500,000 and $10 million. Successful applicants, delivering community sport and active recreation infrastructure that respond to issues identified in the sport and recreation industry and that contribute to the outcomes sought in the Active Victoria Strategic Framework will be granted low-interest loans though Treasury Corporation Victoria with Sport and Recreation Victoria subsidising interest repayments.
- Loans scheme applications open – 1 October 2020
- Loans scheme applications close – 1 December 2020
- Announcements: April 2021 onwards
For more information, or the program guidelines, go to the Sport and Recreation Victoria website.