Regeneration: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, how much funding her Department plans to provide for brownfield remediation in the (a) 2025-26 and (b) 2026-27 financial year.
Answered by Matthew Pennycook
The government is making available over £1.8bn of grant funding for land and infrastructure in 2025/26.
We will launch the National Housing Delivery Fund in 2026/27. Its c.£5bn of capital grant funding will be available across the four financial years from 2026/27 to 2029/30.
As per the Written Ministerial Statement I made on 18 June 2025 (HCWS712), we are also intend to establish a new, permanent National Housing Bank to act as the government’s investment arm.
We also intend to establish a new, permanent National Housing Bank to act as the government’s investment arm. The Bank will have an initial allocation of £16 billion of new financial capacity.
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