NuGen Properties

Housing infrastructure grants left unspent

Housing infrastructure grants left unspent

The Housing Infrastructure Fund was created in 2017 to accelerate house-building in England by offering  local authorities grants for enabling infrastructure such as access roads and utilities connections.

However, according to the Financial Times, only 31% of the post has been spent, with most of this allocated in 2021 and 2022.

The newspaper quotes Marcus Dixon, director of UK residential research at property consultant JLL, saying that “rapidly rising build costs and an increased regulatory burden” had led developers to put schemes on hold.

However, the GMB trades union reckons the underspend is down to incompetence rather than market forces.

Charlotte Brumpton-Childs, GMB national officer said: “With brick yards mothballed and housing waiting lists at record levels, only a complete failure of government could leave billions of housing money unspent.  Families are facing evictions, rents are spiralling and construction workers are being laid off. But ministers cannot even manage to spend a fund that already exists. There’s no explanation other than total incompetence.”

A government spokesperson told the newspaper that the Department for Levelling up, Housing & Communities was confident that the grants would all be allocated eventually, unlocking “up to” 270,000 new homes.

“More that 23,000 homes have already started construction and expenditure is on track,” the spokesperson insisted.

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Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
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NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

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