Market Leads & Opportunities

HOUSING ACCELERATOR FUND

Source: https://www.d2n2growthhub.co.uk/news/latest-news/housing-accelerator-fund/

1. Title: HOUSING ACCELERATOR FUND2. Awarding Authority: United Trust Bank (UTB), Homes England, the Government’s housing delivery agency, GB Tel: 0207190 5555. Email: development@utbank.co.uk. Web: 3. Contract type: Service contract4. Description: The Awarding Authority have announced a £250m fund to support small and medium-sized builders with development finance at up to 70% Loan to Gross Development Value.The Housing Accelerator Fund will provide construction loans between £1m and £10m. The alliance will improve access to finance offered to smaller builders and drive the continued diversification of the housing market over the coming years.5. CPV Code(s): 85300000, 98000000, 85320000, 98133100, 703330006. NUTS code(s): UKI, UKI3, UKI317. Main site or location of works, main place of delivery or main place of performance: London, Inner London – West, Camden And City Of London.8. Reference attributed by awarding authority: Not provided.9. Estimated value of requirement: Homes England, the Government’s housing delivery agency and United Trust Bank (UTB) have announced a £250m fund to support small and medium-sized builders with development finance at up to 70% Loan to Gross Development Value.10. As no deadline date has been specified please contact the awarding authority for further information.11. Address to which they must be sent: For further information on the above contract please visit Web: 12. Other information: Applications are being accepted from today and prospective borrowers should contact United Trust Bank using awarding authority or call or Visit their Website.TKR-2021227-EX-1564946# funding opportunity