LONDON, Oct. 2 -- The government of the United Kingdom issued the following news:

Liverpool City Region Combined Authority,Homes England and its subsidiary, the National Housing Bank, have signed a Place Delivery Agreement (PDA),creating a new partnership to accelerate the delivery of homes,regenerationand economic growth across the city region.

The agreement, the first PDA to be signed anywhere in England, will ensure that national investment, capacity and expertise are focused on realising Liverpool City Region's ambitions to create new homes, unlock major regeneration opportunities and drive long-term growth.

PDAs are a new mechanism that support the government's devolution agenda by moving the relationship between Homes England, the National Housing Bank and Mayoral Strategic Authorities from collaboration to co-delivery.Through dedicatedJointDeliveryUnitswith colleaguesfrom Homes England andtheStrategic Authorities,sharedcommitmentsand strengthened accountability arrangementsintomayors,theygive localleadersand communitiesa stronger role in shaping the housing, regeneration and growth priorities that matter mostintheirareas.

As devolution progresses, PDAs will become the principal way Homes England works with mayoral authorities todrivehousing delivery,regenerationand growth,supportedby theAgency'snewregional operating model.Alongside this, the Agency will continue to work with local partners in non-mayoral areas, ensuring every place can access the support, investment andexpertiseneeded to achieve its ambitions.

The PDA with Liverpool City Region will give increased mayoral influence over housing and regeneration investment decisionsand align Homes England and National Housing Bank activity around three key pillars set by Liverpool City Region. These are:

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Transformative growth - delivering Liverpool North Docks Mayoral Development Corporation and Central Station Gateway, large-scale projects that will transform the city region.

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Housing pipeline -maintainand enhance the City Region's housing pipelineto increase the delivery of social,affordableand council homes.

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Tackling barriers - working together to create the conditions needed to accelerate housing delivery across social,affordableand councilhomedelivery, skills,capacityandissuesin industrialised construction, and enhancing place-based investment.

To support this, a dedicated Joint Delivery Unit will be created, bringing together Homes England, Liverpool City Region Combined Authority and the National Housing Bank.

MayoroftheLiverpool City RegionSteveRotheram, commented:

I'mdelightedthat Liverpool City Region isthe first placein the country to sign a Place Delivery Agreement with Homes England and the National Housing Bank.

This gives us a real opportunity to get more council and social homes built, get stalled schemes moving and make sure investment is focused where it can make the biggest difference.

We'vegot huge ambitions for housing and regeneration across our city region, from the North Docks and Central Station Gateway to projects right across our boroughs. This agreement means we can work with Homes England and the National Housing Bank as one team to get on and deliver them.

For me, this is what devolution should be about - giving places more control and then getting on with the job.

Chair of Homes England, Pat Ritchie CBE,commented:

Successful places are built by empowering local leaders to drive change in their communities.Today'sagreement marksan important stepin deepening our partnership withthe Liverpool City Region, enabling us to work together more effectively to deliver new homes, unlock regeneration opportunities and support economic growth.

By strengthening the link between local priorities and national investment,expertise,toolsand powers,we canre-wire the system tobettersupportdeliveryand have a greater impact for the people and places we serve. We look forward to expanding this approachwith mayorsacross England in themonthsahead.

ENDS

Notes to Editors:

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The Place Delivery Agreement with Liverpool City Region is available here

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The PDA with Liverpool City Regionbuilds on the existing Strategic Place Partnership, whichfocused on collaboration aroundshared ambitions andpriorities.

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TheLiverpoolNorth DocksMayoral Development Corporation will help unlock around 17,000 homes and support the long-term transformation of Liverpool's northern waterfront.

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Central Station Gateway will support around 4,300 homes alongside commercial growth, connectivityimprovementsand regenerationacross 86 acresof the city centre.

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ThePDAwill also give Liverpool City Region a greater role in shaping housing investment across all tenures, helping to ensure investment reflects local priorities and opportunities.

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Increased mayoral influence over investment decisions will be complemented by efforts to mobilise greater levels of private and institutional investment, supporting the delivery of new homes and the growth of local communities.

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Working as a single team,the Joint Delivery Unitwill provide a clear route for delivery, develop investable projectpipelinesand help accelerate the housing, regeneration and growth projects that will shape the future of the city region.TheUnit will be led by nominated co-chairs from each organisation.

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PDAsbuild on theAgency'sstrong foundationsof working with places, including its regional operating model, Strategic Place Partnerships andother memorandums of Understanding it has with places across England, andrepresent thenext stage in how the Agency works with Mayoral Strategic Authorities and Established Mayoral Strategic Authorities.

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They provide a more formal framework for aligning Homes England's investment,expertiseand delivery activity behind locally led priorities, giving mayors a stronger role in shaping housing delivery,regenerationand growth across their areas.

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Homes England aims to agree a Place Delivery Agreement with every EMSA and MSA over the comingweeks, supporting local ambitions through a shared commitment todeliveringplace-based growth and regeneration.

About Homes England

We are the government's housing and regeneration Agency, andwe'rehere to drive the creation of more affordable, quality homes and thriving places so that everyone has a place to live and grow.

We make this happen by working in partnership with thousands of organisations of all sizes, using our powers,expertise, land,capitaland influence to bring investment to communities and get more quality homes built.

Learn more about us:https://www.gov.uk/government/organisations/homes-england/about

About the National Housing Bank:

We are the National Housing Bank, aHomesEngland company and government-backed public finance institution providing purpose-led finance to accelerate housing delivery and regeneration across England.

Over the next decade, we will invest up to £16 billion through debt,equityand guarantee products, stepping in where the market cannot. We aim to attract more than £50billionof private capital to enable more homes, stronger places and thriving, sustainable communities.

We offer partners tailored and blended finance solutions alongside the full range of Homes England support. Our delegations and flexible approach mean we can respond with agility to changing market conditions, bringing long-term investment to transform places and boost economic growth across England.

Learn more about us:

https://www.gov.uk/government/organisations/national-housing-bank/about

Press Office Contact Details

Email:media@homesengland.gov.uk

Phone: 0207 874 8262.

Disclaimer: Curated by HT Syndication.