Sep
21

£30m boost for Land Release Fund

In a recent announcement, Cabinet Minister Lord Agnew outlines how the government will provide a £30m boost to the Land Release Fund (LRF) and One Public Estate (OPE) programme. 

Councils will be able to bid for £20m which can be used for infrastructure and remediation works. 73 councils are on track to free up land for 6,000 homes early next year using the LRF, while the OPE will be supporting early stages of development with an additional £10m. 

Housing Minister Christopher Pincher says “….This new funding will help councils right across England to turn unloved, unused land into new homes and communities where they are needed most. It is an important part of how we are working with local government and the housing industry at every level to support our recovery from the impact of the pandemic."  This is in addition to the £400m Brownfield Fund designed to protect greenfield sites and provide over 25,000 new homes. Read more about this here.