Austin Macauley 27 July 2015

£55m secured for Leeds city region growth

£55m secured for Leeds city region growth image

West Yorkshire has been given the go ahead for £55m of funding to help deliver thousands of new jobs and homes.

It forms part of the £627m Growth Deal for the Leeds city region local enterprise partnership for 2015-21.

Some 14 projects are being developed to create more than 5,000 jobs and 1,700 homes using a combination of Government funds and £350m of private sector investment. Overall, the West Yorkshire Combined Authority (WYCA) has set targets of 65,000 homes and 62,000 jobs over the next five years.

Wakefield Council leader and chair of WYCA, Peter Box, said: ‘These 14 projects, which are in various stages of development, will all help to make those ambitions a reality for people across the city region.’

Roger Marsh, chair of the LEP said: ‘One momentous year after our Growth Deal announcement we have made real progress on delivering, at scale, the projects and programmes to achieve transformational economic growth.??

‘Having been through a thorough appraisal process, we are confident these projects will bring maximum benefits to businesses and residents across the region, further cementing Leeds city region as a great place to do business and creating an environment for enterprise to thrive.’?

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