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MHCLG launches £16bn National Housing Bank

Published on: 18 June 2025
Published by LNB News

LNB News 18/06/2025

Document Information

Issue Date: 18 June 2025

Published Date: 18 June 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Ministry of Housing, Communities and Local Government (MHCLG) has launched the National Housing Bank (NHB), a publicly owned subsidiary of Homes England. Supported by £16bn in new public investment and £6bn in existing funding to be allocated over the course of this Parliament, the NHB is designated as a Public Financial Institution. It aims to leverage a further £53bn in private investment to support the delivery of over 500,000 new homes. The NHB is expected to generate long-term returns for government in line with the 2025 Financial Transaction Control Framework. It will facilitate the development of a wide range of sites—including larger projects that often face challenges in securing up front lending due to their inherent risk and complexity—by deploying a combination of equity investments, loans and guarantees to leverage global institutional capital into UK housing. The NHB will also provide a wider range of financial products, including debt, equity and guarantee products to help...

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