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New £18m fund to accelerate house building

A new £18m fund to speed up house building on large sites and that will provide thousands of new homes where people want to live, was announced on the 11th of November by the Housing Minister Gavin Barwell.

Councils can now bid for a share of the ‘capacity fund’ to tackle planning issues that can cause delay and prevent builders from getting on site and starting work quickly.

The money will help accelerate delivery of up to 800,000 homes and infrastructure across large sites in England and is part of a wider package of measures to increase the number of much needed homes in local areas.

Additional measures include:

  • creating 6 new Housing Zones that will support development on brownfield land to provide 10,000 homes
  • government support and funding for a new locally-led Garden Town at Otterpool Park, Shepway in Kent which will deliver up to 12,000 new homes.

Housing Minister, Gavin Barwell said: “We want to turbo-charge house building on large sites to get the homes built in the places people want to live, so that this country works for everyone, not just the privileged few. These sites offer enormous potential to transform brownfield land into new homes.”

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