The Kickstart and Local Authority New Build housebuilding schemes brought in by the last government are to end once final decisions are made about which of this year’s projects will go ahead.
TheTreasury decision to cut £450m from this year’s housing budget has effectively ended the schemes to restart stalled sites (Kickstart) and to transform council housebuilding (LANB).
Sir Bob Kerslake, chief executive of the HCA, said: “Effectively this will close Kickstart as a national programme.” £220m has been cut from the HCA’s budget, in addition to £230m cut at the end of May.
The agency is now asking regional teams to decide which schemes will go ahead and which will be cut by the end of the month. Schemes on hold include standard affordable housing, £214m of Kickstart, and local authority new build.