Lease Variation Charge reduction for missing middle development
Applications close 31 December 2030.
The ACT Government is incentivising construction of missing middle housing in RZ1 and RZ2 zones to support the delivery of 30,000 new homes by 2030.
Starting from 1 July 2026, if you seek to vary your Crown Lease in a RZ1 or RZ2 zone to add dwellings to your property you may be entitled to a 50 per cent reduction in your codified Lease Variation Charge.
You pay Lease Variation Charge when you vary your Crown Lease to allow extra development rights, such as to increase the number of dwellings allowed on a block.
What you get
If you are eligible and met all of the requirements you will receive a 50 per cent reduction in your codified Lease Variation Charge.
Check if you can apply
To be eligible, you must be varying your Crown Lease in an RZ1 or RZ2 zone and:
- add 1 or more dwellings
- defer your lease variation charge on or after 10 June 2026
- receive development approval for your lease variation before 30 June 2029, and
- complete construction of all dwellings by 31 December 2030
How to apply
You will need to complete the steps below to receive the reduction and meet the ongoing requirements.
1. Defer your Lease Variation Charge liability
You need to enter into the LVC Deferred Payment Scheme once you receive your LVC Notice of Assessment.
2. Complete construction by 31 December 2030
You must complete construction and achieve a Certificate of Occupancy and Use for the dwellings by 31 December 2030.
3. Pay any remaining Lease Variation Charge
When you’re ready to exit the LVC Deferred Payment Scheme:
- we will apply the approved reduction to your lease variation charge
- you will pay any remaining lease variation charge
Contact us
Development Assessment Leasing Team
If you need help or have questions, contact us.