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Government allocate £45 million from Land Release Fund 16/02/2018 Labelled as Development, Finance

41 councils will benefit from a £45million allocation from the Land Release Fund for developments on council land.

 

The Land Release Fund competitively assessed bids from local authorities on value for money, innovation, and the contribution to wider government housing objectives.

 

A total of 79 bids were successful in the assessment process, which will see £45 million being awarded to 41 authorities.

 

The fund was oversubscribed with more than £100 million received in funding requests for 143 projects.

 

The successful bids will release land for homes by March 2020.

 

Click here for more information and details of the successful bids.

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