£1bn Building Safety Fund Launches With Limited Availability For Social Housing Providers

The government has published the prospectus for its new £1bn Building Safety Fund for the removal of unsafe non-aluminium composite material (ACM) cladding systems, setting out limited circumstances in which registered providers and local authority landlords can access the funds. The fund was announced at the 11 March Budget earlier this year and follows a £600m fund previously made available for the removal of ACM cladding. In publishing the prospectus, the government emphasised that the fund is “predominately targeted at supporting leaseholders in the private sector facing significant bills”. Read more on the Social Housing website.

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