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£80m allocated to build thousands of homes on brownfield land
Government earmarks £80m to build homes on brownfield land, aiding urban renewal and creating 8,000 homes by 2028. Minister Lee Rowley sees it as key to housing strategy, leveling up, and job creation.
The Government has allocated a further £80m to help build thousands of homes on council-owned brownfield land. Local authorities can now bid for a share of the final round of the Brownfield Land Release Fund 2. Ministers say this latest round is expected to release land for over 8,000 new homes by March 2028 - creating thousands of construction jobs and transforming underused sites into places where people want to live and work.
Minister for Housing Lee Rowley said: “Brownfield land is crucial to delivering the Long-Term Plan for Housing, as part our of mission to level up the country. This fund will transform unloved and unused brownfield sites into thriving new communities, helping more young families on to the property ladder and creating thousands of jobs.”
The £180m Brownfield Land Release Fund 2 was launched in July 2022 and is designed to help to bring neglected urban areas back into use, support regeneration projects and boost local economies. The full brownfield fund is due to deliver over 17,600 new homes and 56,000 skilled new jobs over the next four years.
There have been two rounds of funding allocations already announced in November 2022 and October 2023 and to date, the fund is supporting 89 local authorities, over 160 projects, and has provided over £100 million to support councils to release land for almost 8,600 homes.
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