£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
Modern rental properties command premium of 18%
The Ultimate Guide to Selling Your Home: Smart Pricing, Stylish Upgrades, and Strategic Marketing
Prime London property values slide by as much as 60%
Can’t afford London? These cities are giving investors more for less
£19m per month for the nation’s most prestigious property
