Emergency fund for Robinsdale Hills, unsettled $1bn

Robinsdalie Hills is looking to raise the $1 billion it needs to make its $10 million Emergent Fund a reality.

Emergent Fund has been created to support residents, businesses and families who are facing the effects of climate change.

“We need to have a long-term strategy that is sustainable, that works for everyone,” Robinsdallies CEO and managing director John Johnson said.

The company will set aside $200 million of its Emergent fund in the event the fund is unable to pay for rent and utilities, he said.

“The money that we will need to do so is a very small amount, but we are trying to find the right balance to ensure we can be sustainable for the long term.”

The fund is already in operation, with a $300,000 grant from the NSW Government.

It has $100,000 available to buy new equipment and to cover costs for the emergency response.

Mr Johnson said it was a “once-in-a-generation opportunity” to help the region’s most vulnerable.

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