The government is trying to turbocharge the number of affordable homes it’s building with the launch of a new Community Housing Fund that it claims will deliver 14,280 new houses.
Communities Secretary James Brokenshire revealed the £163m fund for community-led housing groups to build new homes across England on Monday before revealing strategic partnerships with eight housing associations at the Local Government Association’s conference the following day.
The investment will support new affordable homes built up to March 31 2020 with phase one of bidding applications open now until December 31 next year via the Homes England portal. A second phase will be launched later this year.
The new Community Housing Fund recognises the vital role community-led housing can play in delivering much-needed affordable housing. It’s the fastest growing new form of housing in the country: https://t.co/BbvsiDwq48 @community_land @UKCohousing @localitynews #WeAreHomesEngland pic.twitter.com/xQoqzR97Bp
— Homes England (@HomesEngland) July 3, 2018
Funding in London will be delivered through a separate programme delivered by Greater London Authority, with £60m already allocated to 148 councils in December 2016.
Homes England chief executive Nick Walkley said: “Community-led housing is about local people playing a leading role in solving local housing problems to provide affordable homes and strengthen communities in ways that aren’t always possible to achieve through mainstream housing.