Homes England: Finance

(asked on 25th February 2021) - View Source

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

To ask the Secretary of State for Housing, Communities and Local Government, what schemes have been supported by Homes England through the (a) small sites scheme and (b) land assembly fund; and how much Homes England has invested in each of those schemes.


Answered by
Christopher Pincher Portrait
Christopher Pincher
This question was answered on 2nd March 2021

The £1.3 billion Land Assembly Fund enables Homes England to work alongside private developers to acquire and de-risk sites and make them attractive for private sector firms to rapidly build out homes. This will help release land to deliver 300,000 new homes a year by the mid-2020s. To date, Homes England have acquired 18 sites under the Land Assembly Fund programme.

In line with the Department's plan to bring together existing capital programmes across land and infrastructure into the National Home Building Fund, funds allocated to the Small Sites Fund have been used accordingly across the Department’s land funds and other Departmental priorities. This will meet the immediate need to support local economies and protect jobs across the supply chain, and help to build the homes this country needs.

Reticulating Splines