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National Housing Bank ‘Will Boost Delivery of New Homes’

  • The government announced the creation of a publicly owned National Housing Bank to accelerate homebuilding across the UK using loans, guarantees, and investments.
  • The bank addresses requests from the housing sector and local officials to broaden public and private financing options and accelerate the approval process for projects.
  • Supported by £22 billion in government finance and £2.5 billion in low-interest loans, the bank aims to unlock over 500,000 new homes and support SMEs and larger developers.
  • A Royal Institution of Chartered Surveyors spokesperson called the bank an "exciting innovation" likely to boost investment, while critics urged it remain laser-focused and avoid crowding out private capital.
  • Separately, the Nottawasaga Valley Conservation Authority and BILD launched a working group to improve collaboration with developers, aiming to support Ontario’s housing and economic goals sustainably.
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19 Articles

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The IndependentThe Independent
Reposted by
The Independent (US)The Independent (US)
Lean Left

Government launches National Housing Bank to drive 500k new builds

·London, United Kingdom
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Bias Distribution

  • 67% of the sources lean Left
67% Left
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Evening Standard broke the news in London, United Kingdom on Tuesday, June 17, 2025.
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