The government is making available £163 million across England up to 2020 to 2021 through the Community Housing Fund.
Community-based groups that expects to need grant funding (or other forms of financial support) to take forward a local house building project over the next few years, are requested to contact Homes England by Friday 31 May to notify the organisation of their community-led housing scheme so that the appropriate advice and support can be provided.
The Fund aims to support an increase in housing supply in England by increasing the number of additional homes delivered by the community-led housing sector; to provide housing that is affordable at local income levels and remains so in perpetuity; and to deliver a lasting legacy for the community-led housing sector in the form of an effective and financially self-sustaining body of expertise within the house building industry in England.
Funding outside London is being allocated by Homes England across 2 phases – A separate programme for London will be delivered by the Greater London Authority. This is in addition to £60 million funding that has already been allocated directly by government to 148 councils.
Under Phase One of the Fund, Homes England is making available grants to eligible organisations to support:
o Applications for revenue funding for capacity building and predevelopment costs, including revenue grants to local authorities to support community groups; and
o Capital bids for associated infrastructure costs which will support community housing development.
Under Phase Two of the Fund Homes England is making available grants to eligible organisations to help cover the capital costs of acquiring land and building community-led housing schemes.
Further information is available on the GOV.UK website.