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Funds To Expose Spare Public Land

by Paul Addison on November 13, 2018 No comments

To permit the public sector to build homes, a £15 million fund has been opened to bidders.

The latest funding round of One Public Estate will see the programme place a specific importance on unlocking surplus public land for housing supply, a partnership between;

  • the Local Government Association (LGA),
  • the Office of Government Property within the Cabinet Office,
  • the Ministry of Housing, Communities and Local Government (MHCLG).

Both new and established partnerships are encouraged to apply.

The fund is made up of £12 million worth of grant funding, and £3 million appointed as a “recyclable” grant, which is anticipated to be, within the next three years, returned to the programme to be reinvested in future projects.

To transform local communities and public services, One Public Estate works;

  • with 318 local authorities,
  • in 76 partnerships,
  • on 450 projects.

It is anticipated that the current partnerships, by April 2020, will;

  • release land for 25,000 homes,
  • create 44,000 jobs,
  • raise £615 million in capital receipts,
  • cut costs by £158 million.

For more information, call us on 01342 890010 or email info@dev-assist.co.uk

Paul AddisonFunds To Expose Spare Public Land

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