Since 2008, the Little Stringybark Creek Project has been operating incentives schemes designed to encourage private land owners to install rainwater tanks and rain-gardens.
The first two rounds (see below) used market based instruments, to encourage co-investment with land owners and identify a suitable price for the purchase of an environmental outcome.
Based on the findings of the first two rounds, the Little Stringybark Creek project is now rolling outs its third round of incentives - which are offering to pay the full cost of works for houses in priority areas.
Round 1 - Stormwater Tender
> March - July 2008
> 54 properties funded
> 79 rainwater tanks
> 18 rain-gardens/infiltration systems
> 151 units of Environmental Benefit
(click here to see results page).
Round 2 - Stormwater Fund
> February 2010 - July 2011.
> 74 properties funded
> 97 rainwater tanks
> 68 rain-gardens/infiltration systems
> 161 units of Environmental Benefit
Round 3 - Priority Fund
> August 2011-current
> 30 properties
> 35 rainwater tanks
> 29 rain-gardens/infiltration systems
> 67 units of Environmental Benefit