Wednesday, 19 December 2012

Funding Confirmed For Large-Scale Developments

The government has confirmed more than £500 million of new funding for housing, including money to unblock stalled large-scale development.  The new funding, announced in chancellor George Osborne’s autumn statement comes as a report outlining ways to release surplus public land for new housing was released.  Housing minister Mark Prisk confirmed that the Homes and Communities Agency will administer £515 million of government money to help both de-risk and fast-track the disposal of land. Read more on Inside Housing.

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