UK Government confirmed £18 million fund to speed up new residential building

newUK government has announced £18 million fund to speed up new house building in England and that will provide thousands of new homes. Ministers have also announced that they intend to invite local authorities to submit proposals for new areas to be designated as housing zones. Overall there are now 26 housing zones across the country due to deliver 440,000 new homes.

Housing Minister Gavin Barwell: “The money will help accelerate delivery of up to 800,000 homes and infrastructure across large sites in England and is part of a wider package of measures to increase the number of much needed homes in local areas. We want to turbo charge house building on large sites to get the homes built in the places people want to live.
These sites offer enormous potential to transform brownfield land into new homes and our £18 million funding will help get them built much sooner. Furthermore, we are getting behind plans for a new garden town which offers a unique opportunity to boost the local economy, jobs and provide new homes in Shepway, Kent.”

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