A £45 million cash injection will help kick-start the building of thousands of new homes, Housing Minister Dominic Raab has announced.
Local councils will be able to use the Land Release Fund money to combat barriers which would otherwise make land unusable for development. A total of 79 projects from Newcastle to Plymouth will receive funding to support building up to 7,280 homes on council owned land.
The projects include a range of necessary works such as asbestos removal and bat alleviation, as well as schemes that will significantly improve quality of life such as essential relocating of a pelican crossing.
Housing and Planning Minister Dominic Raab said: “We are investing £45 million to build roads and provide utilities, so councils can release the land to get up to 7,280 new homes built. It’s part of our strategy to build the homes Britain needs, and carry local communities with us. We’re determined to make buying or renting more affordable for young families and those on low or middle incomes.”
The Land Release Fund is being administered through a partnership with the Local Government Association and Cabinet Office’s One Public Estate (OPE) programme, which provides councils with funding and access to practical support to deliver property-based projects with wider public sector partners.
