05 November 2021

Infrastructure funding worth £624m opens to house builders

Infrastructure funding worth £624m opens to house builders image

Loan funding of at least £624m will be made available to house builders to deliver up to 116,000 new homes, the Government has announced.

The funding - part of the £2.2bn announced in the 2020 spending review - will be used to improve transport, build schools and unlock land for new housing, with a particular focus on brownfield sites.

The Government hopes it will create thousands of new jobs and boost smaller building firms.

Housing minister Christopher Pincher said: 'Improving transport links, building schools and health facilities are key to unlocking new homes and creating vibrant places where communities can thrive.

'This money will build on our commitment to bring derelict and abandoned sites back to life, regenerating towns and cities as we level up across the country.'

Loans will be administered by Homes England through the Home Building Fund.

Chief executive of Homes England, Peter Denton, said: 'This new infrastructure funding will be a powerful catalyst for creating new homes, places and communities.'

SIGN UP
For your free daily news bulletin
Highways jobs

Director of Digital, Data and Technology

Tower Hamlets London Borough Council
£139,000 per annum
Shape the future of a digitally enabled borough Tower Hamlets, London (Greater)
Recuriter: Tower Hamlets London Borough Council

Director of Adult Social Care Commissioning

Tower Hamlets London Borough Council
£130,000 per annum
Transforming outcomes through integrated commissioning Tower Hamlets, London (Greater)
Recuriter: Tower Hamlets London Borough Council

Director of Adult Social Care

Tower Hamlets London Borough Council
£145,000 per annum
Leading innovative, strengths-based social care that enables residents to live fulfilling and independent lives Tower Hamlets, London (Greater)
Recuriter: Tower Hamlets London Borough Council

Director of People & Organisational Development

Sussex & Brighton Strategic Authority
Up to £120,000 per annum
Design the people foundations of a new organisation before they become someone else’s legacy. Hybrid, working across Sussex. Relocation support available
Recuriter: Sussex & Brighton Strategic Authority

Director of Law, Governance & Compliance (Monitoring Officer)

Sussex & Brighton Strategic Authority
c£120,000
Design how a new strategic authority governs itself, then lead it into its first mayoral term. Hybrid, working across Sussex. Relocation support available
Recuriter: Sussex & Brighton Strategic Authority
Linkedin Banner