Developers will have to offer apprenticeships and jobs in order to access Government funding for new housing, it was announced.
The condition is being placed on organisations applying for a share of £1.5 billion available under the Housing Pledge.
The move could create 1,300 apprentice places over two years, along with 45,000 jobs, according to the Department for Communities and Local Government (DCLG).
Housing minister John Healey said: "We are using the power of Government investment to build the homes that people need, keep people in work and help the country through recession.
"But I also want to create the training and job opportunities that young people deserve.
"Today I am telling housebuilders who want to apply for a share of our multi-billion Government investment that they'll have to offer apprenticeships and jobs.
"This way we make more of every taxpayers' pound invested in housing, building more homes and creating the chance of training and work for more young people."
The Housing Pledge was announced as part of Gordon Brown's Building Britain's Future agenda in June.
The scheme was intended to help create some 20,000 affordable homes.