Building the homes that people need

Today the government is opening two funds to overcome barriers to housebuilding, helping developers to build the homes that people need and get more people on the housing ladder.

Key facts: Issues like land contamination, infrastructure requirements, and complex land ownership can present real barriers to building homes where they are needed most.

  • These two funds, the Land Assembly Fund and the Small Sites Fund, will help release land to deliver 300,000 new homes a year by the mid-2020s. 
  • The £1.3 billion Land Assembly Fund, will be used to acquire land needing work and get it ready for development, making it less risky for developers to invest in and start building. 
  • The £630 million Small Sites Fund will be available to public land owners or local authorities that are struggling to start building on land in their area, to speed up getting the right infrastructure in place to support home building on stalled small sites, providing the homes their communities need.

Why this matters:

We need to act on a number of fronts to build the homes this country needs. This investment will help the government intervene to provide support in the sort of sites that are not yet ready to build on, allowing developers to get straight on with building homes, rather than having to waste time overcoming the barriers to build.

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