Government to fast-track affordable home building
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David Cameron will today announce government plans to directly commission thousands of new affordable homes on publicly owned land.
The first wave of up to 13,000 will start on 4 sites outside of London in 2016 – up to 40% of which will be affordable ‘starter’ homes.
The government is also announcing a £1.2bn starter home fund to prepare brownfield sites for new homes. The government says this will fast-track the creation of at least 30,000 new starter homes and up to 30,000 market homes on 500 new sites by 2020 – helping deliver the commitment to create 200,000 starter homes over the next 5 years.
