The government has allocated £10m to deliver 1,500 new homes for families in Liverpool.
The funding comes from the government’s £450m local authority accelerated construction programme.
Activity is expected to begin on the site in Festival Gardens in the spring, with the first homes being available by 2022, according to the government.
In addition to owner-occupied houses, the site will also include privately rented apartments.
The news comes after Homes England opened new offices in the same building as Liverpool City Region Combined Authority; a move designed to help the two organisations efficiently build more homes.
Housing minister Kit Malthouse comments: “Delivering the homes Liverpool needs is a crucial element of our plan to build a successful and vibrant Northern Powerhouse.
“This investment will regenerate a key area of this great city, transforming the Festival Gardens site with desperately needed family homes.”
Homes England chairman Edward Lister says: “We are determined to use all the resources available to us to make homes happen across England – so I am thrilled our funding means work can move forward rapidly at this historic site, providing homes for hundreds of families.”
Liverpool City Region metro mayor Steve Rotheram adds: “I welcome today’s announcements from Homes England which demonstrate a real and ongoing commitment to the Liverpool City Region.
“I am particularly pleased to welcome the co-location of Homes England staff with the Combined Authority. Being physically based together in the same building will facilitate even closer joint working and present opportunities for further projects across the whole city region.”