£1.3 billion investment to deliver homes, infrastructure and jobs
Funds to deliver up to 45,000 homes, create up to 85,000 jobs and upgrade skills and infrastructure to help fuel a green economic recovery announced.
- Over 300 shovel-ready projects in England to share £900 million investment to build homes and infrastructure, and create jobs
- £360 million investment confirmed to deliver 26,000 new homes on brownfield land
- Strict accreditation rules for tradespeople involved in the £2 billion Green Homes Grant scheme to ensure homes are of the highest quality
Tens of thousands of new homes and other vital infrastructure projects were given the green light with nearly £1.3 billion of investment confirmed today (4 August 2020) by Housing Secretary Robert Jenrick.
The move is part of the government’s comprehensive plan to deliver upgrades to local infrastructure and boost skills to help fuel a green economic recovery.
Over 300 successful projects in England are being told they will receive a share of the £900 million Getting Building Fund, which was announced by the Prime Minister in June, to invest in shovel-ready housing and infrastructure projects, creating jobs and supporting economic recovery across the country.
The 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.
Housing Secretary Rt Hon Robert Jenrick MP 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."
Successful projects being funded include:
- £23 million for phase 1 of the development of commercial space at Mayfield Park in Greater Manchester, expected to deliver 3,200 jobs and attract over 1 million visitors a year
- £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
- £12 million to support a new high-speed railway station in Thanet, Kent, improving transport in the area and creating 800 new jobs