£250m handout for infrastructure to unlock 20,000 homes

Aaron Morby 7 months ago
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Six councils have been awarded more than £250m for vital infrastructure projects needed to pave the way for over 20,000 new homes.

This investment, from the Housing Infrastructure Fund, will pay for roads, schools, public transport and utilities in the Midlands, East of England and South East.

Chancellor Sajid Javid said: “When I was housing secretary I set this fund up to help ensure homes can be built in areas that need it the most, and enable people to live where they want.

“I have now launched an infrastructure revolution and this step-change in funding will ensure that all parts of the country benefit as we level-up opportunities.”

Oxfordshire County Council will receive the largest slice of the cash, with £102m to build 5,050 homes.

A further £52m will also go to Surrey County Council to pay for a water treatment facility and 1,500 homes.

Local authorities in Suffolk, Leicestershire, Rutland and Kent are also set to benefit from the cash handout.

Infrastructure funding awards
Project Funding Homes unlocked
Slyfield Area Regeneration Project – Surrey County Council bid to move water treatment facility £52m 1,500 homes
East of Ipswich Strategic Highway Works – Suffolk County Council bid to deliver transport infrastructure £20m 2,000 homes
St George’s Barracks – Rutland County Council to deliver a new school and infrastructure £29m 2,245 homes
A40 Smart Corridor –  Oxfordshire County Council bid £102m 5,050 homes
Swale Transport Infrastructure – Kent County Council bid to improve two junctions of the A249 £38m 7,899 homes
Melton Mowbray Southern Distributor Road – bid from Leicestershire County Council £15m 2,340 homes

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