BEIS Reveals Details Of £3.8bn Social Housing Decarbonisation Fund

The government’s £3.8bn Social Housing Decarbonisation Fund is likely to be distributed in four waves over the next decade. The department plans to offer an initial wave of £60m to the sector either in the summer or autumn this year. This £60m has already been confirmed by The Treasury as part of last year’s Spending Review and must be spent during this financial year. Beyond that BEIS is planning to release funding as part of “three-year waves”, with each of the waves being worth over £1bn, based on the assumption that more funding is given via the Spending Review. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/news/beis-reveals-details-of-38bn-social-housing-decarbonisation-fund-69869#:~:text=BEIS%20reveals%20details%20of%20%C2%A33.8bn%20Social%20Housing%20Decarbonisation%20Fund,-News04.03.21&text=He%20said%20this%20was%20based,in%20its%202019%20election%20manifesto