£10bn package to build more homes and level up communities

A package to build more homes, end rough sleeping and support and level up communities across England  has been introduced.

The Ministry of Housing, Communities and Local Government is receiving nearly £10 billion of funding this financial year.

The government is delivering more affordable, secure and greener homes for families across the country. Funding in the Spending Review will go towards our long-term investments in housing, including through a £7.1 billion National Home Building Fund and more than £12 billion being invested through the Affordable Homes Programme in the coming years.

The Spending Review also helps to level up every part of the country, with a new £4 billion Levelling Up Fund to invest in local infrastructure and support economic recovery.

Councils across England will be supported with access to an additional £2.2 billion to deliver core services and more than £3 billion of additional support for COVID-19 pressures next year.

To help protect the most vulnerable in our society, the government has announced an additional £254 million of resource funding to tackle homelessness and rough sleeping – a 60% increase compared to Spending Review 2019.

Robert Jenrick MP, Secretary of State for Housing, Communities and Local Government, said: “Councils have played a critical role during the pandemic. We’re ensuring they have the resources needed to deliver great public services and help their communities recover and prosper, including more than £2 billion of extra funding for core services.

“Our £7.1 billion National Home Building Fund will help build the homes and the infrastructure communities need to succeed. Along with our Affordable Homes Programme, this brings investment in housing to almost £20 billion.”