One Million New Homes by 2020

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One Million New Homes by 2020

Sajid Javid has announced what he claims will be the "largest state-backed" housing programme since the 1970s.

Sajid Javid, Secretary of State for Communities and Local Government, speaking at the Conservative Party Conference on 3rd October 2016 at The ICC, Birmingham said that housing is his “number one priority”.

Saying that the 170,000 homes built last year were too few, Mr Javid said “The big developers must release their stranglehold on supply. It’s time to stop sitting on landbanks, delaying build-out: the homebuyers must come first.”

The minister announced a £3 billion Home Builders Fund, with the aim of building more than 225,000 new homes and to stimulate SMEs building, encourage custom-builders, and allow developers to build the infrastructure needed to support new housing.

Another initiative - called Accelerated Construction – is planned to build new houses on public land. It will encourage offsite construction with the goal of building 15,000 homes by 2020.  

Sajid Javid also said that the government “want to radically increase brownfield development” such as abandoned shopping centres and areas around railway stations.

A Housing White Paper will be published later this year with further initiatives to help meet the Government target of 1 million new homes by 2020.

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