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Government Allocate £57.8m to Councils for Brownfield Projects
The Government’s Department for Levelling Up, Housing and Communities (DLUHC) has allocated a share of £57.8 million from the Brownfield Land Release Fund to over 50 councils in a bid to prioritise building on previously developed land.
It is expected that this will create an extra 5,600 homes built on derelict land, and may involve demolishing disused buildings, car parks and garages.
Following recent news about employment levels returning to pre-pandemic levels, the fund is also expected to create 17,000 jobs.
Levelling Up Secretary Michael Gove recently declared that “Making the most of previously developed land is a government priority and it will help protect our cherished countryside and green spaces.”
The remaining £25 million from the Brownfield Land Release Fund is available for self-build and custom-build projects, with local councils being encouraged to bid for £20 million to deliver these types of projects on brownfield land.
As well as creating more affordable housing and employment opportunities, the Brownfield Land Release Fund should also help improve the aesthetic in a number of long-neglected sites.
UPDATE
In his Autumn Budget, Rishi Sunak announced £1.8 billion would be invested in the building of 160,000 new homes on brownfield land.