Policy paper

Starter Homes: unlocking the land fund

This prospectus invites expressions of interest from local authorities outside of London to use the new £1.2 billion Starter Home Land Fund.

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Detail

The aim of the Starter Home Land Fund is to support the acquisition, remediation and de-risking of suitable land for starter home developments that can then be built out by developers by 2020.

This prospectus specifically invites expressions of interest from local authorities outside of London to form partnerships with the Homes and Communities Agency to use the Fund.

We are keen for an initial round of expressions of interest from local authorities by 13 May. However, we propose to allow authorities to continue to submit expressions of interest up to 31 December 2016.