To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to remove barriers to small to medium-sized firms accessing developer finance in order to assist those firms in building new homes.
Answered on
26 November 2020
The Government fully recognises the key role small and medium enterprises (SMEs) play in building new homes in this country. My department has put in place a package of funding initiatives, including the £2.5 billion Home Building Fund, which received a £450 million boost in June, and the £1 billion ENABLE Build guarantee scheme.
This investment in the sector will help create skilled jobs and drive economic growth whilst our ongoing planning reforms will reduce burdens on SMEs.