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Funding for homes to be built on brownfield sites
The Department for Levelling Up, Housing and Communities has announced funding for brownfield sites to be redeveloped to deliver new homes.
Councils in England are able to bid for a share of £60 million from the Brownfield Land Release Fund 2, which aims to bring neglected urban areas back into use, support regeneration projects and boost local economies.
The funding is set to deliver 5,800 homes by March 2027, create around 18,000 jobs and help first-time buyers into homeownership.
£35 million from the full brownfield fund of £180 million has already been allocated, with the rest set to be allocated over the next two years. The full fund is expected to deliver 17,600 new homes and 56,000 new jobs.
Minister for housing Lucy Frazer said: "We want to turn neglected areas into thriving new communities, as part of our mission level up the country.
"To do this we must prioritise brownfield land to deliver new homes for people, in the right places.
"The £60 million fund we are opening today provides another fantastic opportunity for councils to drive regeneration in their towns and cities - and help more young families onto the housing ladder."
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