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£16 million for Newcastle housing projects
Newcastle City Council has received £16 million from the government to carry out infrastructure improvements and support the construction of thousands of new homes.
The money, part of the government’s Housing Infrastructure Fund, will be used to build roads, junctions and a school enabling the council to work with developers to bring sites to the market. The council believe that the funding will aid the construction of 5,282 homes across the city.
Michelle Percy, acting director of Place at the council, said: “We are delighted to have been successful in bidding for this money from government. It will be used at sites being held back for housing to pay for new infrastructure such as roads and schools that enables the construction of new homes in areas of greatest housing demand. We expect to start putting the infrastructure in place later this year, so the homes can follow at pace.”
The government’s Housing Infrastructure Fund will help deliver up to 100,000 new homes in England with £2.3 billion in capital grants to local authorities.
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