Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, whether other lenders and housebuilders will be able to access equity investment from Homes England in similar arrangements to the MADE partnership.

It is estimated that the MADE Partnership will bring forward in excess of 5650 homes by acting as master developer to unlock large, complex residential sites that have stalled due to lack of market capability, coordination capacity, patient capital and resource.

The Levelling Up Home Building Fund, from which the MADE partnership investment was made, operates based on continuous market engagement and therefore its investments are not subject to procurement.

Homes England is always looking to invest with partners whose ambition and activities align. Homes England encourages interested groups to apply for funding and details of its investment offer and contact details can be found on their website.