Ministers have released further details of the second wave of the Social Housing Decarbonisation Fund (SHDF) ahead of the bidding opening later this summer.
In a timeline published today, the Department for Business, Energy and Industrial Strategy (BEIS) said bidding for the funding will open in late August/early September for an eight-week period.
Up to £700m will be made available during the first tranche of wave two, BEIS confirmed, with the likelihood of smaller tranches of funding following this.
Local authorities, combined authorities and registered providers of social housing will all be able to apply for funding via the second wave of the SHDF, unlike the first wave when bids had to be submitted by local authorities.
Successful bidders will be notified in January next year, with projects expected to start in March.
Further guidance will be published in July or August ahead of the bidding process opening, BEIS confirmed.
Wave two of the SHDF follows on from the first wave of the fund, which was worth £160m, and an earlier demonstrator project worth £62m.
Inside Housing recently revealed that more than half of the 17 councils that received funding as part of the demonstrator failed to retrofit a single home by the project’s deadline.
BEIS is currently looking for registered providers to volunteer to test the application form for wave two of the funding and is holding an online testing session next Monday.
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