Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, how much of the Home Building Fund has been allocated; and what proportion of that amount has been allocated to small and medium-sized house builders.

The £3 billion Home Building Fund provides long and short term loan finance to build the homes this country needs.

Of the £3 billion Home Building Fund, £1.38 billion (46 per cent) has been allocated to successful applicants. Of the £1 billion funding specifically allocated to support small and medium sized builders, custom builders and innovators, £540 million has been allocated. The amount of that fund specifically allocated to small and medium sized builders is £292 million.