Up to three new garden cities with at least 15,000 homes each will be built to tackle Britain's chronic housing shortage, Nick Clegg will say today.
The Deputy Prime Minister will issue a "call to arms for visionaries" to put forward radical plans to help first time buyers onto the housing market as he announces the publication of a prospectus inviting bids from councils.
The Lib Dem leader is expected to announce £2.4bn in funding from an existing pot which will be made available for housing developments up until 2020.
Officials were keen to stress that the new cities would not be imposed on communities and must have local support and full backing from councils.
The winning locations will be commercially viable and have good transport links.
More top news
Teenagers are being tricked into sending inappropriate photographs through social media, police say.
June and Barry Steenkamp tell Good Morning Britain they accept the judge's decision but still do not believe Pistorius' version of events.
Fifteen British WW1 soldiers will be reinterred at the Commonwealth War Graves Commission cemetery today, 100 years after their deaths.