£8.5 million fund to deliver discounted homes

Housing Minister Kit Malthouse has announced a £8.5 million-pound support package to deliver thousands of discounted homes over a three-year pilot project.

Volunteer groups will be able to apply from Monday for between £10,000 and £50,000 to help identify suitable sites for discounted homes, get planning permission for them and to provide other technical support.

The investment will help provide cut-price homes for younger people and families in need of housing, through locally-led neighbourhood plans.

The funds launched by Malthouse forms part of a wider package of measures and targeted investment to produce more homes, building on ongoing government action to achieve a system which delivers 300,000 properties a year by the mid 2020s.

Malthouse said: “Supporting volunteers who are passionate about building more of the homes we need in their communities is something I’m fully behind, and I want to see far more people getting involved across England. This funding is on top of the £26 million already available to help get neighbourhood plans over the line, which act as powerful tools for communities to be involved in the planning of their local area – providing different housing types for those who need new homes.”