Housing: Finance

(asked on 18th July 2023) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what proportion of the £2 billion funding announced for housing projects at the Spending Review 2021 has been allocated; and when the next round of funding allocation will take place.


Answered by
Rachel Maclean Portrait
Rachel Maclean
This question was answered on 4th September 2023

At Spending Review 2021, a package of £1.8 billion investment was announced to drive economic growth, regenerate underused land and deliver transport links and community facilities. £1 billion from the Brownfield, Infrastructure and Land (BIL) programme has been distributed to Homes England, Greater Manchester Combined Authority, West Midlands Combined Authority and London. A further £360 million has been made available to local authorities and Mayoral Combined Authorities through the Brownfield Land Release Fund and the Brownfield Housing Fund. The funding will boost local areas by transforming disused sites and investing in vital infrastructure to help create vibrant communities for people to live and work, while also protecting our cherished green spaces; in England. An announcement about the allocation of the remaining funds will be made in due course.

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