£15.8 million to be pumped into UK new homes

  • August 23, 2018

£15.8 million to be pumped into UK new homes

A much-needed financial plan for new home funding has been announced by the UK Housing Minister. Dominic Raab announced the release of £15.8 million to empower councils to process more applications, implement new reforms and train house planners.

Mr. Raab discussed that the unlocking of these funds will allow the local authorities to tackle the housing crisis by initiating joint local plans and strategies.‘This cash boost ensures councils have the resources needed to make quicker decisions on planning applications, delivering quality housing at a faster rate. It’s part of our strategy to build the homes this country needs whilst also supporting residents to have their say on the kind of development that takes place in their area,’ said Raab.

The Planning Delivery Fund will highlight best practices, boost innovation within councils and amplify their access to the latest design and planning expertise. Set to help a total of 68 projects in the UK until 2019, the funding will be split into three streams, known as the Joint Working Fund, the Design Quality Fund and the Promoting Innovation fund.

For example, the London Borough of Hackney will get £212,000 to implement new planning applications to increase the rate of application being made, whereas the Greater Manchester Combined Authority will be awarded £950,000 for a new ‘place team’ and mayoral development corporations.

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