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To ask the Secretary of State for Communities and Local Government, what criteria will determine allocation of the £1 billion being made available for short-term loans under the Home Building Fund.
The criteria for allocating the £1 billion of short-term loan finance available through the Home Building Fund is available in the fund prospectus which can be found here:
As housing is a devolved matter, the Fund is only available in England. However, £176.4 million was made available for Northern Ireland through Barnett consequentials as a result of the £3 billion Short and Long Term Home Building Fund allocations for the UK.