In the Autumn Statement, the Government announced that the Local Growth Fund would include funding for investment in infrastructure to support new homes. This will be delivered through a £50million element of the Local Growth Fund for 2015/16; to help accelerate and unlock housing developments, of between 250 and 1,499 units, which are struggling to move forward. This will be based on the Local Infrastructure Fund model, and will be aimed at supporting schemes which meet local growth priorities.
Details of the Local Growth Fund Housing Infrastructure Scheme, including how to submit an Expression of Interest, are available on the Homes and Communties Agency's website HERE. All Expressions of Interest must be formally endorsed by the relevant Local Enterprise Partnership.