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Government launches National Housing Bank with £16bn to invest in delivery

By 2025-06-17T21:30:00

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Source: MHCLG / Flickr

Bank will be a subsidiary of Homes England and will make long-term investments in building new homes

The government has announced the creation of a new publicly-owned National Housing Bank intended to accelerate delivery through loans, guarantees and direct investment.

Established as a subsidiary of Homes England, the new bank will be backed with £16bn of new financial capacity, on top of £6bn of existing finance to be allocated this parliament.

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