Tens of thousands of homes supported by Housing Zone funding
Tuesday January 5th, 2016
Housing Zones around the country are receiving funding that will kick-start work to build tens of thousands of new homes.
Nearly £6.3 million is being distributed to help revive brownfield sites across the country and deliver thousands of homes for hard-working families and first-time buyers.
The funding, which comes on top of a £1.2 billion Starter Home Fund designed to prepare brownfield sites for at least 30,000 new homes, will be used to speed up work, enabling homes to be delivered quickly.
Councils will receive the lions’ share of the money to help with work in 19 out of the 20 flagship Housing Zones, which are a new approach to getting new homes built easily and quickly.
The 20 Housing Zones, spread across the country, will see councils working in partnership with private developers to deliver thousands of new homes on brownfield land.
On top of this, the government is also committing to work with an additional 8 short listed potential Zones.
Together these have the potential to deliver 45,000 new homes.
Housing Minister Brandon Lewis said:
“Housing Zones offer enormous potential to use brownfield land for new homes which is why this government is determined to get them built out as soon as possible.
This funding will play an important part in getting work underway which will lead to new homes and more security for aspiring homeowners.”
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