Today the Communities Secretary Sajid Javid, and the Chancellor, Philip Hammond, announced a package of new measures for England to build more houses, more quickly, in the places people want to live.
Phil Williams, President of the Royal Town Planning Institute, said:
“The RTPI has long argued that land supply, diversification of the housing market and transport infrastructure are key to tackling the housing crisis. We are therefore pleased that the Government has announced new investment and measures today to address these issues, and welcome the forthcoming White Paper.”
“We are also heartened by the Government’s commitment to devolution, the Northern Powerhouse, Midlands Connect and communities, and Sajid Javid’s acknowledgement that people need decent places, not just houses, to live. Planners are key to delivering this vision. Decades of under-investment and sidelining of local planning need to be reversed to rebuild communities’ trust in the planning decisions that politicians and planners make in their areas.”
The measures announced include:
• The launch of a massive £3 billion Home Building Fund. This will help build more than 25,000 new homes this Parliament and up to 225,000 in the longer term. The fund will provide loans for SME builders, custom builders, offsite construction and essential infrastructure, creating thousands of new jobs in the process.
• Direct action to fix the housing market, using public land and £2 billion of investment to encourage new developers and different models of construction to build at up to double the rate of traditional housebuilders. This ‘Accelerated Construction’ approach will deliver up to 15,000 homes in this Parliament on surplus public sector land.
• Bringing forward a plan for urban regeneration to regenerate cities and ensure that more housebuilding is done on brownfield land.