Landmark agreement between National Housing Bank and Greater Manchester Combined Authority unlocks up to £500m for new homes and regeneration

Press release published by National Housing Bank, Homes England on Friday, 6 November 2026 at 10:12 UK time · 2026 Burnham Labour government.

What was announced

A boost of up to £500m for new homes and mixed-use regeneration projects across Greater Manchester has been unlocked
National Housing Bank, gov.uk

A boost of up to £500m for new homes and mixed-use regeneration projects across Greater Manchester has been unlocked through a landmark agreement between the Combined Authority and Homes England’s public financial institution, the National Housing Bank.
The agreement is the first of its kind in England, building on a strong track record of trail-blazing collaboration that has supported transformative projects including Victoria North and in Stockport MDC.
Previously, Greater Manchester was also the first combined authority to sign a Strategic Place Partnership with Homes England, the government’s housing and regeneration agency.

Each line is quoted from the original. Figures are as the publisher stated them on the day.

“A boost of up to £500m for new homes and mixed-use regeneration projects across Greater Manchester has been unlocked through a landmark agreement between the Combined Authority and Homes England’s public financial institution, the National Housing Bank.”
“This new agreement opens the door for investment of up to £500m into projects alongside the Greater Manchester Good Growth Fund, which launched one year ago.”

The latest official figures on the subjects this story covers, each with its source and full history:

Topics, as GOV.UK files them: House building.

Contains public sector information licensed under the Open Government Licence v3.0.