£142 million for housing infrastructure

by Property 118

9:10 AM, 11th June 2019
About 2 months ago

£142 million for housing infrastructure

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£142 million for housing infrastructure

The Government hopes thousands of homes will be built in growth areas of Woking and Truro  as a result of a £142 million investment in infrastructure, the Housing Minister Kit Malthouse MP confirmed today.

The money will be spent on widening bridges, building roads and connecting utilities so up to 8,500 properties can be built. The spending, under the Housing Infrastructure Fund, is all part of the government’s drive to deliver 300,000 homes a year by the mid-2020s.

Housing Minister Kit Malthouse MP said: “For decades, governments of all stripes and types have not built enough new homes but we are turning that around, brick by brick.

“We are driving to create homes, opportunities and thriving communities – and this £142 million investment will mean we can build more of the properties our country so badly needs.

“We need to keep upping our game and build more, better, faster, if we are to meet our ambition to deliver 300,000 homes a year by the mid-2020s.”

The funding confirmed today comes from the government’s £5.5 billion Housing Infrastructure Fund so that land can be made ready for development. Money is allocated to authorities after a competitive funding allocation process.

Woking

Government will invest £95 million in Woking, Surrey, which will unlock land to build up to 4,500 homes in the town.

The money will pay to widen the Victoria Arch Bridge, to pay for road improvements, buying land and connecting utilities.

The project, which is being delivered by Surrey county council, is expected to significantly reduce congestion in the area, as well as opening up land for housing.

Truro

An extra 4,000 homes will be built as a result of a £47 million investment in new road links in Truro, Cornwall.

The funding will be spent on a new northern access road, connecting sites from the A390 in the west to the Royal Cornwall Hospital and employment hub in the east.



Comments

Michael Holmes

12:02 PM, 11th June 2019
About 2 months ago

Is this money for housing around Truro in addition to the thousands of homes being currently being built around the county or in addition? Cornwall is virtually a continuous building site as it is and is being destroyed as a pleasant and beautiful county. The countryside is being systematically demolished by hundreds of wind turbines and acres of solar panels. What a tragedy, money, money, money. That is all these idiots can think about.

Dylan Morris

13:38 PM, 11th June 2019
About 2 months ago

Reply to the comment left by Michael Holmes at 11/06/2019 - 12:02
With around 600,000 people coming into the U.K. each year through mass immigration they have to be housed somewhere.

Annie Landlord

16:20 PM, 11th June 2019
About 2 months ago

Net migration is only around 280000. This money is for infrastructure, which I guess should be welcomed. We have all seen the outcome of housing developments completed without thought for the infrastructure to support them. Cornwall has always suffered from very poor transport links, which has deterred investment and therefore job opportunities. Even the grockels complain about the poor roads and crazy traffic jams!

Michael Barnes

19:50 PM, 11th June 2019
About 2 months ago

Reply to the comment left by Michael Holmes at 11/06/2019 - 12:02
"Is this money for housing around Truro in addition to the thousands of homes being currently being built around the county or in addition?"

What did you mean to ask?

Michael Holmes

10:43 AM, 12th June 2019
About 2 months ago

Reply to the comment left by Michael Barnes at 11/06/2019 - 19:50
Apart from the two 'additions' , the question was pretty clear, is this money in addition to the current expenditure already earmarked for the building program in Cornwall?


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