A list of 18 schemes has now been fast-tracked to unlock £46m in finance to start construction of 1,300 new homes.

The remainder of the bids will now be assessed with a shortlist of schemes to be taken forward released in mid-March.

Pat Ritchie, chief executive of the HCA said: “Our partners have once again demonstrated their appetite to get Britain building by developing much needed new homes, in turn generating additional benefits through economic growth and activity.

“We have had a strong response to our Programme and will now work to establish a shortlist of schemes which fit strongly with locally identified priorities and represent good value for money for the taxpayer.

“I am particularly pleased that teams at the HCA have moved quickly to identify 18 schemes of particular local importance that we can get moving immediately.”

Get Britain Building is intended to address difficulties in accessing development finance faced by some house builders and to help bring forward sites with planning permission, but where viability is marginal, by sharing risk.

It will operate by making loans available to projects on commercial rates, or taking equity stakes to share risk.

The full list of 18 fast-tracked schemes is:

Locking Parklands Phase 2a/b, Weston super Mare (St Modwen)
140 homes
The second phase of multi phase scheme, totalling around 1,800 units.  The overall scheme will include one of the largest leisure development schemes in the UK – the £50m LeisureDome development – which was given planning permission last year. This leading development will be delivered alongside a new retail centre, commercial provision as well as education, recreation facilities and open space.  Locking Parklands is based within the Junction 21 Enterprise Area and is a key component in delivering the Local Authority’s ambitions set out in its draft core strategy to regenerate and enhance opportunities for economic growth and diversity.

Bath Western Riverside, Bath (Crest Nicholson)
81 homes
The second phase of multi phase scheme, totalling some 2000 units, including retail/commercial and recreational public provision.  Bath Western Riverside is a key component in delivering the Bath and North East Somerset Council’s ambitions to enhance opportunities for economic growth and diversity. This high quality development improves the housing opportunities in Bath and is the number one priority within the West of England Local Investment Plan.

Belmont Hospital, Tiverton, Devon (Devonshire Homes)
30 homes
The development of a former hospital site including the refurbishment of a group of listed buildings, Belmont Tiverton is confirmed as a Devon Local Investment Plan priority.  It is the top named site for Mid Devon District in a market town where sales values have reduced from a high of around £200 per sq ft in 2007 to around £170 per sq ft today.

Osprey Quay, Portland, Dorset (Sutton group)
39 homes
Osprey Quay is the redevelopment of a former naval base on the Dorset coast. The HCA owns the site which was transferred from the South West RDA. GBB investment would restart this scheme and assist in delivering a post Olympic legacy at the site which is hosting the Olympic sailing events.  The Osprey Quay site has been identified as a priority in the Local Investment Plan for Dorset and developing a legacy from the Olympics is a priority for the LEP.

Devonport Vision, Plymouth (Redrow)
74 homes
Devonport Vision is part of a large public sector led regeneration area in Plymouth and is an important strategic priority for the South West; one of the highest priorities within the Plymouth Local Investment Plan.  The Vision scheme at Devonport will eventually consist of around 460 new homes and apartments, alongside shops and community facilities, which will revitalise the former MoD-owned site. GBB funding will deliver new homes plus 1300 sq m of commercial space and 150 sq m of retail space.

Wapping Wharf, Bristol (Wapping Wharf (Umberlslade) Ltd)
175 homes
Phase 1 of a mixed use development on the last significant site of Bristol Harbourside.  The scheme consists of 185 apartmentsand retail and leisure space targeted at local private businesses.  There are also significant related public realm benefits including a new public square and construction of major pedestrian and cycle route through Harbourside.  This high profile regeneration site in Bristol Central Area, is a Local Investment Plan priority.

Newark Southern Extension, Newark (Catesby Property Group)
100 homes
The Newark Southern Extension is a priority urban extension areas for increasing housing supply. In total the scheme will provide 3000 new homes, 38ha’s of employment land plus new schools and local commercial facilities. The proposal for Phase 1 of the scheme will require advance infrastructure works to open up the housing land. This is a key priority for the Local Authority and in the Local Investment Plan.

Edgbaston, Birmingham (MCD developments)
57 homes
A housing scheme adjacent to the wider economic development bringing forward offices and commercial development around the Edgbaston Cricket club.

Kilby Mews, Coventry (Complex Development Projects Ltd)
31 homes
A 31 unit scheme that is a mix of 20 townhouses and 11 apartments that forms part of the creative quarter initiative in Coventry.  The Local Investment Plan for Coventry sets out 4 City Centre Spatial Priorities, one of which is Far Gosford Street, where Kilby mews is located. The street is one of Coventry’s oldest and most loved streets with 26 listed and locally listed buildings. The area has been designated as the focus for creative industries and is already home to music, film and design companies along with some of the city’s best independent restaurants. The aim is to turn Far Gosford Street into a new creative quarter for the city, maximise the benefits of the street’s close proximity to Coventry University and improve one of the key pedestrian routes into the city centre. The Far Gosford Street regeneration programme will deliver 13,000 sq m of new or refurbished floor space, 175 new jobs and 90 social or private residential units

Millway Middle School, Duston, Northampton (Westleigh)
52 homes
A residential development on a former primary school site comprising 52 dwellings, including 12 affordable homes (2 and 3 bed houses) and 40 homes for sale comprising semi detached 2 and 3 bedroom houses and 3 and 4 bed detached houses. The scheme is an identified Local Investment Plan priority within West Northamptonshire.

The Maltings, Lichfield (Marcity)
41 homes
Proposals are to provide twenty five 1, 2 and 3 bedroom apartments within the existing building. An additional sixteen 2 and 3 bedroom homes have been agreed under a signed S106, which will include 17% affordable housing. The Maltings is within the top 5 priorities for Lichfield District Council across all housing delivery programmes.  Lichfield DC have confirmed their support to the delivery of this scheme.

Cheeseman’s Green, Ashford (Crest Nicholson)
100 homes
A residential development providing for growth of Ashford. The scheme will provide a significant number of homes to contribute towards Ashford’s growth ambition and is a priority for Ashford BC

Bootham Green, York (Advent Developments Ltd)
37 homes
The Bootham Green project delivers a combination of 37 homes and a community unit for use by local residents and includes the sympathetic conversion of a grade II listed former school and nursery, together with new build homes.  The project also assists with bringing forward Brownfield land for both Affordable and Open Market Housing, which is in strong demand across York which has limited development space combined with affordability issues. In particular the site provides general needs affordable housing for families, which is specifically identified as one of York’s top 5 thematic priorities in the Local Investment Plan. Once complete the project will include a mixture of 1, 2 and 3 bed houses and apartments.

Navigation point, Castleford (Merlion Capital Housing Ltd)
66 homes
Navigation Point is part of the Castleford Growth Corridor, which is a key priority identified in the Wakefield Local Investment Plan. The entire site has Outline Planning for c. 1300 homes, with a Reserved Matters for the first 279 units. GBB Funding will support the delivery of Phase 1, including 66 new homes, which combines a mixture of First Time Buyer and Family properties. The first phase will also include the wider remediation of the site and the construction of new infrastructure. The scheme will bring back into productive use more than 40 acres of Brownfield land. Once complete the first phase will include a mixture of 1, 2, 3 & 4 bed houses and apartments.

H2010 (Yarn Street), Leeds (Miller Homes)
82 homes
Yarn Street is an important Waterfront regeneration area in Leeds and is the City Council’s top regeneration priority as identified in the Leeds Local Investment Plan. Yarn Street sits within an area that is on the verge of regeneration and the creation of a new place. The site flanks the River Aire, and this phase of the project promises to improve water recreation opportunities.  When development at Hunslet Mills and Yarn Street are complete, the Hunslet Waterfront will be a high quality mixed residential environment. Once complete this phase of development will include a mixture of 2, 3 and 4 bed houses and apartments.

Calder View, Dewsbury, Kirklees (Miller Homes)
28 homes
Brewery Lane is identified as one of the key regeneration sites in the delivery of the South Dewsbury/North Kirklees sub regional investment priority and is identified as a high Local Investment Plan priority by Kirklees Council. The site is also one of four Urban Eco Settlements in the Leeds City Region.  The area has been identified as an area of growth where there is a pressing need for larger family accommodation.  The funding of this phase will complete the whole development. Once complete this final phase of development will include a mixture of 4 and 5 bed houses.

Grahame Park, Colindale, London (Genesis (GenInvest Ltd))
127 homes
A total of 127 homes in these two phases and a further 303 homes will be unlocked on the wider scheme through GBB funding. Grahame Park is a strategic regeneration project in Collindale, LB Barnet.  It will provide transformational change by providing new quality homes.  Overall circa 3,400 homes (net additional 2,000) together with improved open space and community facilities will be provided.  The regeneration features highly as a spatial and thematic priority, with community support, in Barnet’s Borough Investment Plan

Covent Garden Village, Stockport (Seddon Group)
41 homes
The Covent Garden development will create a high quality, mixed-use neighbourhood in a historic quarter of Stockport town centre. The initial phase for which GBB funding has been allocated relates to a brownfield site known as Hopes Carr which lies within the Covent Garden masterplan area, near to the station.