Tuesday, 9 September 2014

Smaller Sites Set To Get Funding Boost

Work on nearly 13,000 homes stalled by the 2008 housing crash are set to be restarted thanks to half a billion of government investment. Ministers published a shortlist of over 160 smaller housing developments across the country that could benefit from a share of the £525 million Builders Finance Fund, which will get workers back on sites and new homes built. This funding will accelerate construction on the first wave of sites with potential to support nearly 13,000 new jobs. Ministers said that with high demand for the fund, more developers will be invited to put forward their bids over the coming months as part of a rolling programme to unlock homes.  Read more on the CLG website.

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