The Government announced, on 9 May 2019, that it is to allocate
£200m to replace unsafe aluminium composite (ACM) cladding,
from around 176 privately owned high-rise buildings. It
has already fully funded replacement of ACM cladding in the social
housing sector.
The fund will be available for buildings over 18 metres high and
building owners will have 3 months to access the fund.
However, it is a condition of receiving the funding that they show
they have taken reasonable steps to recover the costs directly from
those who are responsible for any defects.
The Government has indicated that it will publish guidance on
the application process for funding including eligibility evidence
criteria by mid-July and it expects the formal application process
to be in the summer.