The Estate Regeneration Fund will be distributed to local authorities and housing associations across England to speed up housebuilding.

Areas that can access the fund include Birmingham – which will start discussions with local communities regarding the Meadway regeneration – and Milton Keynes, where the money will be used to kick-start the regeneration of seven estates.

Mr Javid said: “For too long a number of housing estates across the country have been areas characterised by low-quality homes and high social deprivation.

“This government is determined to have a housing market that works for everyone.

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“That’s why we’re turbocharging the regeneration of these rundown estates, so they can thrive as communities.”

Housing and planning minister Gavin Barwell said: “Our housing white paper set out ambitious proposals to help fix the broken housing market and to encourage good design.

“Estates regeneration must be locally led, and this £32m fund will help breathe new life into estates throughout the country.

“It will help more ordinary working people have the security of a decent place to live.”

It was also announced that £140m in loan funding will be available over the length of this parliament to encourage investment in regeneration from the private sector.

A full list of the projects receiving funding can be found on the government website.