Home News £1.3 billion investment to deliver homes, infrastructure and jobs

Nearly £1.3 billion of investment has been allocated to deliver up to 45,000 homes, create jobs and upgrade skills and infrastructure to help drive a green economic recovery have been announced Housing Secretary Robert Jenrick.

Over 300 projects in England have been selected to receive a share of the £900 million Getting Building Fund, which was announced last month, to invest in shovel-ready housing and infrastructure projects.

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.

Mr 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.”

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

To deliver a further 26,000 new homes while protecting greenfield sites, 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.

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