FINANCE

EXCLUSIVE: Ministry scraps competitive bid element for fund

The next round of the Brownfield Land Release Fund (BLRF) will not be allocated by councils bidding, The MJ has learnt.

The Ministry of Housing, Communities and Local Government's headquarters in Marsham Street, London

The next round of the Brownfield Land Release Fund (BLRF) will not be allocated by councils bidding, The MJ has learnt.

Well-placed sources revealed the Government was considering a further round of the fund, an initiative aimed at transforming underused or derelict brownfield sites into housing developments, with cash to be allocated.

Dan Peters

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