Housing: Construction

(asked on 22nd July 2020) - View Source

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

To ask the Secretary of State for Housing, Communities and Local Government, what support he is providing to small firms of house builders.


Answered by
Christopher Pincher Portrait
Christopher Pincher
This question was answered on 7th September 2020

The Government recognises the important role that small and medium enterprises (SMEs) play in delivering new housing across this country. We are committed to supporting SMEs and enabling them to play a crucial role in increasing housing supply and diversifying the market.

We have provided financial assistance to SMEs via the Home Building Fund and an SME-focused guarantee scheme (the £1 billion ENABLE Build scheme). On 30 June we announced an additional £450 million, increasing the Home Building Fund total to £5 billion. £3 billion of this funding will be targeted as short-term development loans to SMEs, custom builders and innovators, delivering at least 60,000 homes by 2022/23. The ENABLE Build scheme will further support firms in accessing finance to progress new developments.

Reticulating Splines