{"id":6044,"date":"2025-06-17T23:46:34","date_gmt":"2025-06-17T23:46:34","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=6044"},"modified":"2025-06-17T23:46:34","modified_gmt":"2025-06-17T23:46:34","slug":"new-16bn-national-housing-bank-to-drive-500k-new-builds","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/new-16bn-national-housing-bank-to-drive-500k-new-builds\/","title":{"rendered":"New \u00a316bn National Housing Bank to drive 500k new builds"},"content":{"rendered":"

A new government-backed National Housing Bank could unlock \u00a353bn of private investment and drive the construction of over 500,000 new homes.<\/p>\n

The publicly-owned bank will be a subsidiary Homes England and comes armed with \u00a316bn in financial firepower to galvanise house building.<\/p>\n

Developers will benefit from a mix of loans, equity and guarantees to unlock stalled and complex sites, while SME builders will get new lending products and revolving credit to boost their pipeline.<\/p>\n

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The National Housing Bank will be classed as a Public Financial Institution with powers to issue government guarantees directly.<\/p>\n

It is being pitched as a long-term delivery partner to help steady a volatile housing market and ramp-up supply.<\/p>\n

Deputy Prime Minister Angela Rayner said: \u201cWe\u2019re turning the tide on the housing crisis we inherited… our foot is firmly on the accelerator when it comes to ensuring a generation is no longer locked out of homeownership.\u201d<\/p>\n

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A \u00a32.5bn low-interest loan pot will help accelerate social housing builds, alongside a 10-year \u00a339bn Affordable Homes Programme aimed at delivering 1.5 million homes. The wider strategy includes \u00a35bn in grant funding to unlock infrastructure-heavy and unviable sites.<\/p>\n

The Bank will also back mayoral housing funds in London and Greater Manchester, where new regional investment vehicles will help deliver tens of thousands of homes in the next decade.<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/h9qjmP6<\/p>\n","protected":false},"excerpt":{"rendered":"

A new government-backed National Housing Bank could unlock \u00a353bn of private investment and drive the construction of over 500,000 new homes. The publicly-owned bank will be a subsidiary Homes England and comes armed with \u00a316bn in financial firepower to galvanise house building. Developers will benefit from a mix of loans, equity and guarantees to unlock […]<\/p>\n","protected":false},"author":1,"featured_media":147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-6044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=6044"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6044\/revisions"}],"predecessor-version":[{"id":6045,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6044\/revisions\/6045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=6044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=6044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=6044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}