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<p>We are making available £1.2 billion through the Starter Home Land Fund to prepare
suitable brownfield sites to support at least 30,000 Starter Homes. A prospectus about
the Starter Home Land Fund was published at the Budget in March 2016. £9 million has
already been invested since the Fund’s establishment in April 2016.</p><p>We announced
at Spending Review that £2 billion in loans will be made available to invest in infrastructure
needed for major housing developments. We would expect at least 50 per cent of this
funding to support housing on brownfield sites. Full bidding guidance will be available
when the fund is launched.</p>
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