Homes England has announced that Phase Two of the Community Housing Fund is now open for applications. The fund is making £163m available for affordable homes across England. The Fund is open to a wide range of organisations; including community-led groups that want to deliver new affordable housing schemes. Local authorities and registered housing providers may apply on behalf of community groups to support them through this process.
Phase One of the fund was launched in July, supporting applications for capacity building, pre-development revenue funding and capital funding for local infrastructure projects.
Phase Two bidding is now open for capital grants to fund the costs of acquiring land and building community-led housing schemes.
Bidding for both phases is now open on a Continuous Market Engagement basis via the Homes England Portal, which will remain open to new applications until funding is fully committed or until the 31st December 2019.
The Fund will be managed and delivered by Homes England in England (outside London). The Government is working with the Greater London Authority (GLA) to develop a similar scheme in London.