ABSTRACT
This chapter explores the several ways in which a housing regeneration project can be funded. Options include cross-subsidisation through the building of homes for outright sale on the open market, prudential borrowing, private finance arranged through a development partner and the availability of grants. In many cases the costs of funding a housing regeneration is likely to comprise a mix of various funding mechanisms. The official guidance urges policymakers to understand and manage the risks which state aid might pose to their projects. The National Housing Federation has identified some sources of grant funding for housing regeneration are the Affordable Homes Programme 2015–2018, the shared ownership and affordable homes programme 2016, The Homebuilding Fund and the Estate Regeneration Fund. The Department for Business Innovation and Skills explains the subject in its July 2015 document, State Aid: the Basics.
