Released yesterday, the Brownfield Land Release Fund forms part of the National Home Building Fund. The purpose of this fund, which makes available up to £75 million capital grant to English local authorities, is to unlock and accelerate housing delivery on these sites. Of this £75 million, £25 million has been allocated for self and custom-build plots (where both brownfield and greenfield sites will be considered).
The aim of the scheme is to:
- release local authority owned land by the end of March 2024 for housing development that otherwise would not come forward during that period.
- encourage the use of public assets to drive innovative delivery, through SME support, bespoke delivery models, high-quality design and modern methods of construction.
- demonstrate a return for Government investment into these small sites.
- enable schemes to deliver within the funding timescale.
The funding can be used for costs such as:
- site levelling, groundworks, and demolition.
- provision of small-scale infrastructure.
- highways works or other access challenges.
- addressing environmental constraints.
The guidance includes that community led housing groups are legitimate delivery vehicles for the development on land released using this fund.