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Housing Today
Trusted media brand of the Chartered Institute of Housing
Housing funding rules set for overhaul to support ‘levelling up’
‘80/20 rule’ axed to channel more Homes England money into the north and midlands
A government rule which targets funding at high affordability pressure areas will be scrapped and cash instead targeted at the north and Midlands as part of the ‘levelling up’ agenda.
The Department for Levelling Up and Communities (DLUHC) today confirmed the ’80/20’ rule will be ditched, with “much” of the £1.8bn brownfield funding announced in the budget last year going to the north and midlands.
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