Since Housing Minister Grant Schapps announced, in August 2011, plans to give councils financial freedoms to improve, buy and build new housing for their local communities, the government has embarked upon a regeneration programme which is shifting control and decision-making away from central government to local authorities, local businesses, communities and city leaders.
Some of the leading projects/programmes are: the construction of 100,000 new homes on formerly used public land; a £500mn Growing Places Fund to prioritise local building and infrastructure projects; a low deposit scheme for new home-buyers; a Get Britain Building fund to re-invigorate building sites where progress has stalled; and handing over ‘transformative’ and ‘growth stimulating’ powers to the UK’s largest cities.
This was submitted by the Parliamentary Information Office. For more information on the Parliamentary Information Office please visit http://parliamentaryyearbook.co.uk/contactus.html & http://www.parliamentaryyearbookinformationoffice.co.uk
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