Friday, 6 July 2018

Multi-Million Pound Community Housing Fund Launched

The Government has made £163 million available to help self build groups across England through the Community Housing Fund.

Secretary of State James Brokenshire launched Phase One of the Fund in his first housing speech on the 2nd July 2018.

Established to increase housing supply in England, the Fund will support community self build organisations and assist them in developing affordable homes in their local area.

Funding outside of London is being allocated by Homes England across two phases, while the Greater London Authority will launch a separate program.

Phase One will provide revenue grants to assist community housing projects with planning costs and capital for site infrastructure, while Phase Two will provide capital grants for the construction of affordable housing.

Homes England is now inviting applications from community-led self build groups under Phase One.

What will the funding cover?

Costs covered in Phase One of the grant include:

Revenue funding

  • Professional costs for a community self build, including surveys, feasibility studies, and architectural and legal fees
  • Planning applications, business planning and project management
  • Activities that will lead to the conversion/refurbishment of existing buildings for housing

Capital bids for infrastructure

  • Development of infrastructure to support community housing developments, such as access roads, roundabouts, remedial groundwork and utilities

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Article reference Multi-Million Pound Community Housing Fund Launched

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