Community Housing: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, what funding she has made available to support community-led housing schemes.
Answered by Matthew Pennycook
Community-led housing schemes can apply for government funding through a range of existing programmes, including the Brownfield Land Release Fund and the Affordable Homes Programme.
On 25 March, we announced a £20 million support package for community-led housebuilding groups, including housing co-operatives and community land trusts. This investment, managed by Resonance Ltd, will support the construction of over 2,500 new homes in the next decade, addressing local needs.
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