Laura Sharman Friday, February 25, 2022

Funding allocated to develop derelict brownfield sites

Funding allocated to develop derelict brownfield sites image
Image: OlegRi / Shutterstock.com

Three regions will share £30m funding to regenerate brownfield sites and create 2,500 new homes, the Government has announced.

West Midlands, Greater Manchester and the Tees Valley Combined Authorities will receive the funding - announced in the Levelling Up White Paper - to transform derelict sites into new homes.

A further £8m from the Brownfield Land Release Fund has also been allocated to 13 councils to deliver almost 900 homes.

An extra £4.45m from the One Public Estate (OPE) programme has also been awarded to 16 local areas to unlock enough public sector land to build 3,000 new homes and create 4,500 jobs over the next 10 years.

Housing minister, Stuart Andrew, said: 'The funding announced today will breathe fresh life into former industrial sites, creating thriving urban communities and building more homes so young people and families have the opportunity to get onto the housing ladder.

'Our levelling up plans for housing will be guided by this brownfield first approach, this includes the building of more self and custom build homes which will be a boost for small builders and create thousands of jobs.'

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