The government is preparing to launch a £3bn loan fund
for housebuilding which will roll up existing schemes into a single pot. The
government is close to announcing its Home Building Fund, which was trailed in
the Queen’s Speech. House builders have been briefed in recent weeks by the
Homes and Communities Agency (HCA) that existing funds will be combined to form
one pot. An announcement will take place after the 23 June EU referendum, due
to pre-vote ‘purdah’ rules limiting government announcements. The government
will remove many of the restrictions and limitations on who can bid and what
sort of scheme is eligible for funding.
Read more on Inside Housing.
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