National Housing Delivery Fund and how the National Housing Bank can help

The National Housing Bank (NHB) will deliver some National Housing Delivery Fund (NHDF) funding through a suite of financial tools including:

• loans
• equity
• guarantees

The NHB will step in where the market cannot, enabling more homes to be built, and sustainably increasing supply. Through these activities, the bank will deliver stronger places and thriving, sustainable communities.

If you need funding or support to unlock a housing-led development to support these aims, we can work with you to identify how best to deliver the project.

What the fund supports

The bank will support a range of partners to unlock housing sites and support innovative developers and housebuilders to build more homes more quickly and to create great communities.

Through the provision of loans, equity and guarantees, the bank can support a broad range of partners from SME housebuilders, to medium and large- scale developers, and institutional investors. Working alongside Homes England, we can also combine our products with government grant.

We know that each situation is different and want to work with you to understand which solution works best for you on an individual or multiple site basis.

How the fund works

We will work with you to consider your project’s needs and agree the most appropriate delivery solution.

We aim to maximise value for money and will seek repayment on all our investment products. Through due diligence, we reserve the right to offer support through the full suite of Homes England and National Housing Bank interventions.

All our loan and equity lending needs appropriate security and loans are typically secured against property assets.

Eligibility for funding

Up to £10.5 billion of investment is available from the National Housing Delivery Fund via the National Housing Bank for projects across England.

Individual products will have their own eligibility criteria, but you may be eligible for funding if your project:

• meets the strategic aims of the fund
• would stall, or could not progress, without this funding
• will enable or facilitate the development or delivery of new or refurbished homes
• represents value for money

You may be eligible for funding if you are a body corporate.

Investments may be made into non-UK entities by body corporates.

A body corporate must be a UK registered corporate entity, and have 1 or more of these characteristics:

• its own legal personality
• a partnership, including a limited liability partnership (LLP)
• an English local authority
• a public entity

These investments may be based outside the UK, in line with Homes England’s domicile policy.

We cannot fund projects where:

• your project is not benefiting the supply of housing in England
• there are new leasehold houses
• leasehold flats are charged more than a peppercorn (nominal) ground rent
• provision of funding would not meet UK subsidy control rules established under the  Subsidy Control Act 2022

Types of support offered by the National Housing Bank

Support offered includes:

• loans for SME Housebuilders
• structured finance for medium and large house builders
• partnerships with Institutional Investors
• partnerships with Private Sector Lenders and Commercial Banks
• Sovereign guarantees

Other types of support from the National Housing Delivery Fund

Support offered includes:

• grant funding (for housing, infrastructure, or to buy land)
• advice and brokerage

How to apply

Enquire about funding and support from the National Housing Delivery Fund.

Contact us

Contact Homes England about the National Housing Delivery Fund.

Contact National Housing Bank.