Oral Answers to Questions

Richard Graham Excerpts

Monday 4th December 2017 Commons Chamber

[Alok Sharma]

One of the key issues in our consultation on local housing needs, which closed on 9 November, was viability assessments. We will of course review what comes forward, but we have made it very clear that we want developers to build affordable homes.

[Richard Graham (Gloucester) (Con)]

19. After 13 years of Labour MPs in Gloucester in which not a single new social housing unit was built, we now have built some new social housing, but we want to do much more through a master plan involving the Government’s estate regeneration programme. Will my hon. Friend confirm that money may be available through the new national productivity investment fund to help to bridge any potential funding gap caused by low values?

[Alok Sharma]

I commend my hon. Friend for the work that he is doing in his constituency to encourage more building of homes, including social homes, and I am delighted by the progress that is being made in estate regeneration. My hon. Friend’s constituency has received £1.25 million of capacity funding. More detailed eligibility criteria for the national productivity investment fund will be announced in due course, and I shall be happy to meet my hon. Friend to discuss the matter further.