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Written question asked by Kevin Hollinrake (Conservative) on Friday, 13 June 2025, in the House of Commons. It was due for an answer on Tuesday, 17 June 2025. It was answered by Matthew Pennycook (Labour) on Tuesday, 24 June 2025 on behalf of the Ministry of Housing, Communities and Local Government.


Housing: Greater Manchester

Question

To ask the Secretary of State for Housing, Communities and Local Government, what funding her Department has provided to Greater Manchester Combined Authority's Housing Investment Loans Fund; and whether (a) guidance and (b) conditions were attached to that funding.

Answer

The Ministry of Housing, Communities and Local Government (MHCLG) provided Greater Manchester Combined Authority (GMCA) with a £300m Housing Investment Loan Fund in 2015, as part of its devolution deal.

The requirements of the fund, including the conditions, are set out in a Facility Agreement – executed as a deed – between MHCLG and GMCA. Summaries of how the fund operates are publicly available at gov.uk https://democracy.manchester.gov.uk/Data/Executive/20150318/Agenda/21_GMHousingInvestmentFund_2.pdf and https://democracy.greatermanchester-ca.gov.uk/mgConvert2PDF.aspx?ID=34289

On 17 June 2025 we announced that the fund will be extended to deliver thousands of new homes over the next ten years.


Secondary information

Type
Written question
Reference
59791
Session
2024-26
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Subjects
Construction Housing Expenditure Greater Manchester
Contains statistics
Yes
Link
View this Written question on www.parliament.uk