Funding support for new residential-led development
바카라 사이트's housing delivery agency continues to provide finance to help build the homes needed across England
As the government바카라 사이트™s housing delivery agency, we help to build the homes needed across바카라 사이트¯England and encourage innovation, both in the kind of homes that are built and the way they are delivered.
We do this in two ways:
- by providing development finance to small and medium house builders
- by providing infrastructure funding to support developers, master developers and landowners
Development finance 바카라 사이트“ loans
Through the Levelling Up Home Building Fund, we will continue to provide investment directly to developers, in the form of loans, and to specialist lenders.바카라 사이트¯
Loans can start from바카라 사이트¯Â£250,000, with house builders typically borrowing between £2 million and £5 million. Development finance is designed to support small and medium homebuilders that are struggling to access development finance from the private market and to help new entrants바카라 사이트¯into the housing sector, to bolster house building and diversify the market.바카라 사이트¯â¶Ä¯
If you바카라 사이트™re바카라 사이트¯a small or medium sized house builder and are바카라 사이트¯interested in applying for a development loan, you will need to have바카라 사이트¯majority control of the site바카라 사이트¯you바카라 사이트¯plan to build바카라 사이트¯on and바카라 사이트¯be바카라 사이트¯planning바카라 사이트¯to build five or more homes.바카라 사이트¯Read our guidance to find out more about바카라 사이트¯whether a development loan through the Levelling Up Home Building Fund could support you, and바카라 사이트¯how to apply.바카라 사이트¯
Development finance - equity and joint ventures
In addition to providing development loans, Homes England is keen to explore how funding from the Levelling Up Home Building Fund can be used to develop more sophisticated financial arrangements, such as lending alliances with the private sector, increasing the amount of funding we are able to provide to the housebuilding sector.
The fund also has the capacity to form joint ventures, which can support projects to regenerate town centres and revive public places, working with local councils, housing developers and others.
Infrastructure finance바카라 사이트¯
Through the Home Building Fund we will continue to provide바카라 사이트¯infrastructure loans바카라 사이트¯to help unlock and accelerate land바카라 사이트¯for housing development.바카라 사이트¯
Many viable strategic housing sites carry substantial barriers to building homes, despite the clear need for them. These challenges can include substantial up-front infrastructure costs and s106 obligations that need to be spread over multiple phases before the project reaches a positive cashflow position.
Through the Home Building Fund, infrastructure loans will be available to help mitigate these barriers, by providing loans, up to £250 million, to prepare sites for building and fund the implementation of necessary infrastructure.
If you바카라 사이트™re working on a housing development바카라 사이트¯and require loan funding for site preparation and the infrastructure needed to enable housing to progress and prepare land for development,바카라 사이트¯the Home Building Fund could help you.바카라 사이트¯To find out more about the eligibility criteria, and how to apply, read our Home Building Fund guidance.바카라 사이트¯â¶Ä¯