£1 Billion Housing Delivery Fund Launched

Housing Secretary James Brokenshire has announced a partnership with Barclays Bank to provide £1 billion of loan finance to help support small and medium sized developers, speeding up the delivery of thousands of new homes. Support, ranging between £5 million to £100 million, will be available to developers who are able to demonstrate experience and commitment to building excellent new homes, with a track record of delivering challenging projects on time and to target. The Housing Delivery Fund will support the delivery of new homes, including social housing, retirement living and apartments for rent, whilst also encouraging greater innovation on how housing is delivered such as brownfield land and urban regeneration projects. Read more on the Homes England website.

https://www.gov.uk/government/news/1-billion-housing-delivery-fund-launched-by-brokenshire-in-partnership-with-barclays