Thursday, 29 August 2019

Housing Infrastructure Fund Disadvantages Northern Areas


The government’s Housing Infrastructure Fund (HIF) is benefiting Southern areas at the expense of the North of England. As a result of a new formula applied to the funding that channels money more towards areas of ‘high affordability’, Northern local authorities have access to a far smaller pot when compared with Southern authorities. Inside Housing has collated information from all the authorities that have applied for money from the fund, which aims to build infrastructure to unlock the delivery of new homes, and applied the MHCLG formula for geographical targeting. This formula is intended to ensure that government funds go to the least affordable areas of the country. Read more on Inside Housing.

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