The Ministry of Housing, Communities & Local Government (MHCLG) says the funding will deliver up to 45,000 homes, create up to 85,000 jobs and upgrade skills and infrastructure to help fuel a green economic recovery.
The Getting Building Fund, which supports the projects, was announced by the Prime Minister in June, giving substance to his pledge to ‘build, build, build’ to support UK housing infrastructure.
As we get Britain building, we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs, and building environmentally friendly homes with a huge £1.3 billion investment announced today.
This government is determined to level up all parts of the country and this funding will not only give a much-needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.
Successful projects being funded include:
- £14.88 million to accelerate the National Brownfield Land Institute, a project aiming to create a leader in sustainable construction which will support the housing deal
- To deliver a further 26,000 new homes while protecting greenfield sites, plus a £360 million investment in Mayoral Combined Authority areas through the £400 million Brownfield Fund
Green homes
A new £2 billion Green Homes Grant scheme was also announced, with the Government funding up to two-thirds of the cost of home improvements. With low-income households receiving vouchers covering 100 per cent of the cost of the improvements, up to a maximum of £10,000.
Tradespeople registered for TrustMark accreditation can take part in the scheme, which will cover green home improvements ranging from the insulation of walls, floors, and roofs, to the installation of low-carbon heating, like heat pumps.
Green home improvements will save people money on their energy bills, help to cut carbon emissions, and create new work for many thousands of builders, plumbers, and other tradespeople.
Our TrustMark scheme will guarantee that building work is completed to a high standard by accredited tradespeople, ensuring consumers are fully protected.
Image attribution: "Alok Sharma Official MP Portrait" used under CC BY 3.0 / Cropped from original
Image attribution: "Robert Jenrick Official MP Portrait" used under CC BY 3.0 / Cropped from original
