New fund gives communities power to deliver affordable homes

Author:

sarah brooke-taylor

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Over 1,200 new affordable homes will be delivered across England with communities put in charge of where and how they will be built, the Department for Levelling Up, Housing and Communities announced today, Friday 25 March 2022.

The £4 million Community Housing Fund (CHF) programme helps community groups build homes in their local area by covering a range of costs incurred in the process – including renting the town hall for a public meeting, paying for searches, administration costs or legal advice, design work and planning applications. Once planning permission is granted, community groups can fund the build through the government’s Affordable Homes Programme, a Housing Association or developer or via a bank loan.

The fund will help level up the country by regenerating derelict areas and delivering homes that are affordable for local people, so more residents can live in the places they love.

The new houses will be part of locally-based organisations such as land trusts or housing co-operatives meaning they stay under the control of the community.

Read more at www.gov.uk/government/news/new-fund-gives-communities-power-to-deliver-affordable-homes