Housing: Construction

(asked on 11th December 2018) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, how much has been spent to date through the National Productivity Investment Fund to accelerate the building of homes on small, stalled sites as announced in Budget 2017.


Answered by
James Brokenshire Portrait
James Brokenshire
This question was answered on 11th January 2019

There is no single solution to tackling the long-term shortfall in housing supply which is why the Government, together with its agencies and partners, is working on a range of interventions.

Therefore, the Government has launched a range of programmes aimed at supporting the release of land for housing by providing funding to acquire, de-risk and make them attractive for rapid development. These sites would not have come forward without the Government intervention a demonstration of Government’s commitment to tackling the housing crisis in this country.

These Programmes include:

* £630 million Small Sites Fund;

* £45 million Land Release Fund (LRF), distributed through One Public Estate;

* £5 billion Housing Infrastructure Fund (HIF) (Homes England and GLA);

* £465 million Local authority Accelerated Construction Programme (Homes England and GLA); and

* £1.1 billion Land Assembly Fund.

We have recently agreed a £226 million memorandum of understanding with the Greater London Authority for delivery of small stalled sites through the Accelerated Construction programme and Small Sites Fund in London. We will make payment to the Greater London Authority on completion of agreed milestones as investments in sites are made.

Homes England are working with local authorities and others to develop a long-term pipeline of developable land prioritising the identification of sites suitable for housing which have stalled and are not being taken forward, especially in the least affordable places. Once identified, sites are assessed for development potential. We expect to make funding commitments in sites as they are ready over the next 12 months.

Furthermore, we have committed £866 million to 133 Marginal Viability Funding schemes under the Housing Infrastructure Fund to unlock up to 200,000 homes mostly on smaller sites.

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