Housing: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, if he will set out long-term, holistic support for funding for regeneration of homes, alongside new supply.
Answered by Matthew Pennycook
The government is committed to supporting estate regeneration schemes to transform neighbourhoods by delivering well designed housing and public space, a better quality of life and new opportunities for tenants.
While the £39 billion Social and Affordable Homes Programme focuses primarily on new supply, it will also continue to support some regeneration schemes that provide a net increase in homes on a site.
Our National Housing Delivery Fund will provide grant funding to unlock complex and low‑viability sites, including brownfield remediation and enabling infrastructure.
The £15 billion Warm Homes Plan will upgrade up to five million homes by 2030, reducing bills and improving living conditions.
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