Housing Zone Funding

January 6, 2016

The Department for Communities and Local Government and Brandon Lewis announced yesterday by press release on the Gov.UK website: Housing Zones will see councils working in partnership with private developers to deliver thousands of new homes on brownfield land.

Housing Zones around the country are  receiving funding that will kick-start work to build tens of thousands of new homes.

Nearly £6.3 million is being distributed to help revive brownfield sites across the country and deliver thousands of homes for hard-working families and first-time buyers.

The funding, which comes on top of a £1.2 billion Starter Home Fund designed to prepare brownfield sites for at least 30,000 new homes, will be used to speed up work, enabling homes to be delivered quickly.

Councils will receive the lions’ share of the money to help with work in 19 out of the 20 flagship Housing Zones, which are a new approach to getting new homes built easily and quickly.

The 20 Housing Zones, spread across the country, will see councils working in partnership with private developers to deliver thousands of new homes on brownfield land.

To see release in full click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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