Details on the HCA administered Builders Finance Fund, £525m of recoverable loan funding to help unlock schemes of between 5-250 homes.

1. .
Builders Finance Fund
 The Builders Finance Fund is £525m for schemes between 5 and 250 homes
 Bids for schemes for between 5 and 14 homes are accepted from small and medium
enterprises only (SME)
 Funding will be made available to accelerate or unlock viable housing schemes
 Funding is available as a recoverable loan
 Scheme design will be determined through the planning process and local housing need
Benefits:
 Helps to bring forward stalled but viable
sites by sharing risk
 Addresses difficulties in accessing
development finance faced by some
house builders and developers
 Focuses on unlocking deliverable
projects which can start or re-start
quickly
Eligibility:
 Schemes must be building between
5 and 250 new homes
 For bids that are between 5-14 homes in
size the fund will be exclusive to SME’s
only
 Bids must be submitted by a private sector
developer who must have control of the
site
 There is a minimum investment of £200k
 The site must have local authority
support
 Schemes must have planning consent
and be capable of within 9 months from
the initial Expression of Interest
submission
 For schemes in the Greater Manchester
area please contact Marie Hodgson
marie.hodgson@hca.gsi.gov.uk
Timescales:
 Bidding for the fund is available on a
continuous basis until funds are
allocated.
 The fund is open for investments until
2017
 Total funds must be used by 31
March 2017
Apply today!
Email us:
Builders.FinanceFund@hca.gsi.gov.uk
www.gov.uk/government/collections/builders-finance-fund