Latest News Tue, Jul 25, 2023 5:43 AM
The Brownfield, Infrastructure and Land fund (BIL) will span Homes England’s land, grant and equity activities so it can better support the needs of places, partners and their projects.
The primary objective of BIL is to bring forward strategic sites and housing-led opportunities which support economic growth and long-term housing supply, with at least 60% of activity focused on brownfield land - land that has been previously used and is now vacant, derelict and sometimes contaminated.
Our role is to work with partners to find the optimum solution for infrastructure, land and enabling – this could be at a place or individual site level – and may span single interventions or packages of integrated activity.
Over the lifetime of the fund, we’ll invest £1bn to unlock 40,000 homes, 200,000sqm of employment floorspace and significant levels of private sector investment.
We’ll do this by either undertaking activity directly as Homes England, working in partnership, or by contracting directly with public and private sector partners.
Up to £1 billion is available for projects across England. However, we would expect the main source of funding for projects within the Greater London Authority, Greater Manchester and West Midlands Combined Authority areas to be accessed locally in line with arrangements agreed with government.
You may be eligible for funding if:
Full details about the fund and how to apply can be found here.
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