Healy confirms £146m incentive to build more homes

Published:  08 April, 2010

UK: Councils are to get a share of a £146m million fund to plan and deliver new homes, Housing Minister John Healey stated.

The Housing and Planning Delivery Grant backs the commitment set out by the Government to build more social housing. This includes an extra £1.5bn towards the construction of 110 000 new affordable homes over the next two years.

The grant provides a direct incentive for councils to work with partners in the public and private sector to ensure that new homes are built where they are needed. It is an additional top-up to mainstream funding.

Mr Healey said: "The need for more homes remains despite the recession, and we are determined to see more homes built to help improve affordability – particularly for first-time buyers, reduce pressure on waiting lists and address over-crowding.

"A shortage of new houses pushes up house prices, council waiting lists and private sector. This incentive will also ensure that all councils are taking action now and will give the housebuilding industry greater certainty and confidence in the economic recovery."

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.