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ARCH annual report

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The ARCH annual report for 2015-16 is now available to view.

 

Download it here.

Housing Infrastructure funding announced 01/02/2018 Labelled as Development, Finance

The government have announced allocation of £866 million funding from the £5 million Housing Infrastructure Fund for 133 projects.

 

The Housing Infrastructure Fund is a government capital grant programme to help unlock new homes in areas with the greatest housing demand. Funding is awarded to local authorities on a competitive basis.

 

The fund is divided into 2 streams:

 

  • A Marginal Viability Fund - available to all single and lower tier local authorities in England - to provide a piece of infrastructure funding to get additional sites allocated or existing sites unblocked quickly. Bids can be up to £10 million.

 

  • A Forward Fund - available to the uppermost tier of local authorities in England - for a small number of strategic and high-impact infrastructure projects. Bids can be up to £250 million.

 

Housing Secretary Sajid Javid says that up to 200,000 new homes are set to get off the ground as the government confirmed £866 million investment in local housing projects across the country to support local work that will make housing developments viable and get much-needed homes built quicker.

 

The money will fund key local infrastructure projects including new roads, cycle paths, flood defences and land remediation work to help open up sites ahead of building the homes.

 

The government together with Homes England assessed each bid for their strategic ambition, benefits costs ratio and their deliverability and will now work with the local authorities over the coming months to progress schemes through detailed funding clarification.

 

Read the full announcement and see details of successful bids.

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