PfP celebrates launch of Homes England’s new National Housing Bank

Tuesday 31 March marked a significant milestone for the housing sector with the launch of Homes England’s new National Housing Bank. The idea behind the Bank is simple: to help the country build homes faster. 

Over the next decade, the National Housing Bank is set to invest up to £16 billion, support the delivery of more than 500,000 new homes, unlock mixed use regeneration, and attract around £53 billion of additional private investment. 

Representing PfP at the dedicated Homes England launch event, Chief Executive Officer, Greg Reed highlighted why this development matters so much for PfP and the Communities we serve:

“Government has released the brakes on the housing sector and created the conditions for success. Today’s launch of the National Housing Bank is another game‑changing moment, lighting the fuse on social housebuilding and combining capital with reform to get homes built, faster.  

“PfP is a trusted and longstanding housebuilding partner to Homes England, with the largest development pipeline in our sector and bidding for the Social and Affordable Homes Programme to maintain this momentum. 

“Meeting the country’s needs requires moving beyond traditional models and backing innovative solutions – the very ambition the National Housing Bank represents. 

“PfP is actively exploring new mechanisms to unlock greater financial capacity for housing providers of all sizes, complementing Government’s support for our sector and its willingness to think outside the box. 

“Today represents the start of something transformational, and we are ready to play our part. It’s time to innovate – and it’s time to build.”