£1.3bn investment to deliver homes and infrastructure

Housing Secretary Robert Jenrick has given the green light to tens of thousands of new homes and other vital infrastructure projects, backed by nearly £1.3 billion of investment.

Part of the government’s comprehensive plan to deliver upgrades to local infrastructure and boost skills to help fuel a green economic recovery, Jenrick announced that more than 300 successful projects in England will receive a share of the £900 million Getting Building Fund, announced by the Prime Minister in June, to invest in shovel-ready housing and infrastructure projects, creating jobs and supporting economic recovery.

Among the projects get financial backing is phase 1 of the development of commercial space at Mayfield Park in Greater Manchester, expected to deliver 3,200 jobs and attract over one million visitors a year, given £23 million, and £14.88 million to accelerate the National Brownfield Land Institute, a project aiming to create a leader in sustainable construction which will support the housing deal and drive levelling up across the region.

The total investment is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce around 65 million kgs of CO2 emissions across England.

Jenrick said: “As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today. This government is determined to level up all parts of the country and this funding will not only give a much needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.”

The government has also confirmed a £360 million investment in Mayoral Combined Authority areas through its £400 million Brownfield Fund. A further £8 million of funding has also been announced to help speed up the delivery of these new homes on brownfield sites and the government is inviting ambitious bids from the Mayoral Combined Authorities for the remaining £40 million of the fund.