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

To ask the Secretary of State for Housing, Communities and Local Government, the total sum spent by his Department on the home building fund.

The £4.5 billion Home Building Fund provides short term and long term loan finance to build the homes this country needs. Since the fund was launched, a total of £2.2 billion has been allocated to successful applicants.

£986 million of the initial £1 billion funding, specifically allocated to support small and medium sized Builders, custom builders and innovators who cannot access the finance they need to build, has been contracted and is expected to deliver 45,554 starts. An additional £1.5 billion was therefore allocated to the Fund in the Autumn 2017 budget to help meet the continuing demand for the Fund

£1.2 billion of the £2 billion allocated for delivering infrastructure and site preparation for homes, including on brown field land has been contracted and expected to unlock 105,568 housing capacity units.