THE Terang Harness Racing Club's redevelopment has been given a boost, with a $255,000 cash injection from the federal government.
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Member for Wannon Dan Tehan was at the club on Wednesday to announce the funding, which will go towards the development of a community hub and stable upgrade.
Club president Evan Savage said the revamp of the club and its facilities would allow it to better cater to patrons and offer a place for community organisations to meet.
He said the stables were in desperate need of an upgrade as they barely fitted some of the taller horses that compete at the track.
"It should encourage more horses to come to our track," Mr Savage said.
Mr Tehan said the facility was a great community asset.
"The Dalvui track is one of the best harness racing facilities in regional Victoria, but its horse stall facilities were built over 60 years ago and are no longer fit for purpose," Mr Tehan said.
"This is why the funding is so badly needed. The club itself is putting in money, there's money from local government, there's money from state government and now there is money coming from the federal government so the project can go ahead."
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Mr Tehan said $250,000 had been allocated from the federal government's Community Development Grants Program.
"I'm also very happy to see $5000 from the Coalition Government's Volunteer Grants Program go towards help complete the stabling and community hub project, by assisting with amenities for those people with a disability and installation of seating will improve rest and viewing areas," he said.
"It is regional venues like this one that keep the local economy ticking along by attracting tourism.
Mr Tehan also announced a $20,000 funding boost for the South Western District Restoration Group from the federal government's Building Better Regions Fund.
The money will be used to help build two new sheds for expanded exhibition and storage facilities for the group, which is based in Cobden.
"The South Western District Restoration Group does wonderful work bringing heritage farm machinery and equipment back to their former glory," Mr Tehan said.
"It's a great pleasure for the Coalition Government to provide this grant so they can continue to do this work."
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