£57m Brownfield Fund for 5,600 New Homes

Brownfield fund

ALMOST £58 MILLION from the £75 million Brownfield Land Release Fund (BLRF) has been allocated to 53 councils.

The funding was released by the Department for Levelling Up, Housing and Communities (DLUHC) and is allocated for the demolition of “unsightly derelict buildings and disused car parks and garages”.

The funding could support up to 17,000 jobs says the Government.

Secretary of State for Levelling Up, Michael Gove said: “Making the most of previously developed land is a government priority.”

Today’s allocations include £5 million for self and custom build projects. A further £20 million from the BLRF has also been designated to help accelerate the self and custom build sector, with councils now able to bid for the remaining funding. A review by Richard Bacon MP in August this year recommended a major scaling up of the self and custom build sector.

Cabinet Office Minister, Lord Agnew said: “The latest projects to benefit from this support, through Brownfield Land Release funding, will not only help unlock under-used public sector sites for homes but also help deliver jobs and save taxpayers’ money.”

The Government says that last year 244,000 homes were built, towards its target of 300,000 new homes a year by the mid-2020s.

Last year a £400 million Brownfield Fund for 7 mayoral combined authorities was announced to deliver 26,000 new homes on brownfield land.

>> Read more about housing funds in the news

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