The NSW Government is fast-tracking more than 5300 new homes across the Central West, including those in Parkes.

Councils are receiving $810,000 through round three of the Regional Housing Strategic Planning Fund for four housing projects.

And the East Parkes Masterplan and Servicing Strategy is among them, as are those in Orange and Dubbo.

The East Parkes Masterplan has been allocated $185,799.

This funding will help Parkes Shire Council unlock housing supply by developing and updating housing and planning strategies to bring forward more diverse and affordable housing options.

The total cost of the project in Parkes is $209,799.

Council updated its 20-year Housing Strategy at its monthly meeting in February, during which it made four amendments to the plan.

Among the amendments were to remove flood impacted land from the priority area and identify new priority areas.

Council also opted to bring forward the urban housing areas of 'Harrowvale', formerly farmland located in the town's east between Henry Parkes Way (Orange Road), Military Road and Cookamidgera Road, which initially had been marked as priority housing area 3.

Overall the NSW Government’s $4.4 million investment is expected to fast-track over 105,000 homes across the state.

In 2024, the Minns Government set new housing targets to rebalance housing delivery across the state, and regional NSW received a single target of 55,000 homes.

"More people are choosing to live in regional NSW but homes have become more expensive and harder to find, so delivering more regional housing supply is vital," said Minister for Planning and Public Spaces Paul Scully.

"This is all part of the Minns Government’s plan to build a better NSW with more homes and services, so young people, families and key local workers have somewhere to live and in the communities they choose."

Funding through the first two rounds of the Regional Housing Strategic Planning Fund allocated $6.88 million to 36 projects.