£38 million Homes England funding

£38 million Homes England funding


Government housing agency Homes England has agreed funding deals worth £38.2 million with six local authorities to speed up the construction of at least 2,072 homes across the country.

The deals are the latest to be awarded through the Government's £350 million Local Authority Accelerated Construction (LAAC) programme, which was launched to help unlock public land and increase the speed of delivery on local authority housing schemes.

The funding will be used by the local authorities to invest in infrastructure and enabling works to get 13 sites – from Somerset to Cheshire – ready for the development of new homes. Local authorities awarded funding are encouraged to use both local SMEs and modern methods of construction (MMC) – from factory fabricated components to 3D modular construction – on their sites, to reflect the Government's commitment to investing in infrastructure and widening the use of smaller builders on publicly owned land.

New sites set to benefit from LAAC funding include land at Locking Parklands, Weston-Super-Mare, where North Somerset Council will receive over £9.8 million of LAAC funding for infrastructure to bring forward 425 new homes, at least 30% of which will be affordable. Another of the sites, in Winsford, Cheshire, will benefit from over £4.5 million LAAC funding to accelerate the construction of 310 homes, including a 60-home extra care scheme.

Today's announcement includes deals with local authorities in both the North and South of England:

For further details on funding please see government website below:

https://www.gov.uk/government/news/38-million-homes-england-funding-to-speed-up-development-of-over-2000-homes?utm_source=1ec96bde-0173-467f-917b-bfa10766e9ec&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

 

 

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