Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, which NUTS 1 regions of the UK are to receive the £7.2 billion to support the construction of new homes announced in Autumn Statement 2016.
In early October, the government announced that it would pilot accelerated construction on public sector land, backed by up to £2 billion of funding. To meet this commitment, the government will invest £1.7 billion by 2020-21 through the NPIF to speed up house building on public sector land in England through partnerships with private sector developers. The devolved administrations will receive funding through the Barnett formula in the usual way.