{"id":30953,"date":"2025-06-17T19:07:36","date_gmt":"2025-06-18T02:07:36","guid":{"rendered":"https:\/\/essential.construction\/news\/new-16bn-national-housing-bank-to-drive-500k-new-builds\/"},"modified":"2025-06-17T19:07:36","modified_gmt":"2025-06-18T02:07:36","slug":"new-16bn-national-housing-bank-to-drive-500k-new-builds","status":"publish","type":"post","link":"https:\/\/essential.construction\/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":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-498824\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p data-start=\"382\" data-end=\"602\">The publicly-owned bank will be a subsidiary Homes England and comes armed with \u00a316bn in financial firepower to galvanise house building.<\/p>\n<p data-start=\"382\" data-end=\"602\">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<p data-start=\"804\" data-end=\"1053\">The National Housing Bank will be classed as a Public Financial Institution with powers to issue government guarantees directly.<\/p>\n<p data-start=\"804\" data-end=\"1053\">It is being pitched as a long-term delivery partner to help steady a volatile housing market and ramp-up supply.<\/p>\n<p data-start=\"1055\" data-end=\"1278\">Deputy Prime Minister Angela Rayner said: \u201cWe\u2019re turning the tide on the housing crisis we inherited\u2026 our foot is firmly on the accelerator when it comes to ensuring a generation is no longer locked out of homeownership.\u201d<\/p>\n<p data-start=\"1280\" data-end=\"1547\">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<p data-start=\"1903\" data-end=\"2086\">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<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/userphoto\/2.jpg\" alt=\"Aaron Morby\" width=\"150\" height=\"150\" class=\"photo\">\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2025\/06\/17\/new-16bn-national-housing-bank-to-drive-500000-new-builds\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The publicly-owned bank will be a subsidiary Homes England and comes armed with \u00a316bn in financial firepower to galvanise &#8230; <a title=\"New \u00a316bn National Housing Bank to drive 500k new builds\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/new-16bn-national-housing-bank-to-drive-500k-new-builds\/\" aria-label=\"Read more about New \u00a316bn National Housing Bank to drive 500k new builds\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-30953","post","type-post","status-publish","format-standard","hentry","category-construction-enquirer","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=30953"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30953\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=30953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=30953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=30953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}