The 2008-09 Housing and Planning Delivery Grant will provide for the first time additional direct funding top up for councils to ensure that new homes are built where families need them.
The Government has already announced a series of measures to alleviate the current challenges in the housing market and support the vital delivery of more homes over the long-term.
This new grant will enable Councils to act now, enabling properly identified land to be used and providing the house building industry greater certainty with development proposals.
Housing Minister Margaret Beckett said:
We are determined to continue to do everything possible to ensure long-term fairness in the housing market all across the country - including providing more affordable homes we still need.
"The international credit crunch has created significant challenges for the UK but we have a growing and ageing population and the long term need to provide more homes has not gone away."
In order to be eligible local authorities must show progress on:
- continuing to provide suitable land for development over future years, particularly as the housing market recovers from current economic challenges;
- providing the local plans necessary to deliver the needed homes; and
- carrying out a strategic assessment of their housing market.
The full list of funding allocated to local authorities can be seen in the link below.
