£25 million of government support to deliver more homes
In a recent press release from the Department for Communities and Local Government and Alok Sharma MP, it was announced ‘Government unlocks £25 million to deliver more homes.’
A new £25 million fund has been launched to help local authorities to deliver the high quality, well designed homes that this country needs.
Housing and Planning Minister Alok Sharma announced that the Planning Delivery Fund is now open for bids and will support ambitious local authorities and third sector organisations in areas of high housing need to plan for new homes and infrastructure.
Initially opening up £11 million of the fund, councils will be able to apply to help gain the skills or capacity they need to deliver high quality housing growth at scale, pace and implement wider planning reforms. The fund is aimed at encouraging more innovation in the design quality of new housing developments, as well as provide design advice and support to local authorities.
Housing and Planning Minister Alok Sharma said:
“Locally-led developments have enormous potential to deliver the scale and quality of housing growth that we need. By supporting our local authorities, we will be able to unlock more homes where people want to live.
“These measures including the £25 million of government support which will help develop new communities that will not only help deliver high-quality well-designed homes, but will also bring new jobs and facilities and a boost to local economies.”
Read the announcement published 4th December 2017 in full click here.
You May Also Enjoy
Autumn Budget doesn’t dampen commercial property outlook for 2026
Stabilising house prices and falling mortgage rates offer renewed hope for first-time buyers
Inheritance tax receipts rise as government performs partial U-turn on relief rules
Breaking Property News 22/1/26
Nationwide extends six times lending to home movers and remortgage