In a speech to the National House-Building Council today, Nick Clegg will say the Government is making available £225m in funding to "unblock" a series of major local housing projects which have "hit a wall".
Together, the schemes will provide up to 48,600 new homes.
However Mr Clegg will say the shortage of homes is becoming so acute, there will in future need to be even more ambitious, with new developments of 15,000 to 25,000 homes.
He will say they should draw inspiration from the garden cities of early 20th century, such as Letchworth and Welwyn, and the new towns of the post-war era like Milton Keynes and Stevenage.
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Saturday will be largely cloudy with a continued risk of heavy showers or thunderstorms. Sunday will be dry with sunny spells.
There continues to be a risk of thunder tonight and tomorrow but the weather will become drier and clearer by sunday.
The Chief Exec of car manufacturer Lotus has said he is deeply sorry to announce job losses at the company's head quarters in Norfolk.