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£55 million to boost development of 4,000 homes
Homes England has agreed funding deals with 12 local authorities to deliver 4,000 homes across England, with the help of £55 million of investment.
Awarded through the Government’s £450 million Local Authority Accelerated Construction (LAAC) Programme, the funding will support local authorities with a range of work required to prepare their sites for the development of new homes such as infrastructure enabling works, planning and technical expertise and site remediation.
Kit Malthouse, Minister of State for Housing, said: “We haven’t built enough homes in this country for far too long – and our accelerated construction programme is here to change that, and fast. This £55 million funding boost will help councils get 4,000 new homes built across the country using the latest modern methods that cut down on construction time. We must keep building more, better, faster to meet our ambition to building 300,000 homes a year by the mid-2020s.”
The local authorities set to benefit include City of York Council, Gateshead Council, Newcastle City Council, Pendle Borough Council, Eastleigh Borough Council, Medway Council, Dorset Council, Leicestershire County Council, High Peak Borough Council, City of Lincoln Council, Borough Council of King’s Lynn & West Norfolk and South Norfolk Council.
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