The government has published details of eligibility
criteria for its £3bn Home Building Fund, which will be administered by the
Homes and Communities Agency and will provide development and infrastructure
loan funding for community-led housing projects, serviced plots for custom and
self-builders, offsite manufacturing, new entrants to the market and groups of
small firms working together to deliver larger sites. The fund will provide
£1bn of short-term loan funding for small builders, custom builders and
‘innovators’, to deliver 25,000 homes by 2020. It will also provide £2bn of
long-term funding for infrastructure, to support 200,000 homes over the longer
term. Housing associations will be able to bid for loans from the fund. Read
more on the GovUK website.
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