05 November 2021

Infrastructure funding worth £624m opens to house builders

Infrastructure funding worth £624m opens to house builders image

Loan funding of at least £624m will be made available to house builders to deliver up to 116,000 new homes, the Government has announced.

The funding - part of the £2.2bn announced in the 2020 spending review - will be used to improve transport, build schools and unlock land for new housing, with a particular focus on brownfield sites.

The Government hopes it will create thousands of new jobs and boost smaller building firms.

Housing minister Christopher Pincher said: 'Improving transport links, building schools and health facilities are key to unlocking new homes and creating vibrant places where communities can thrive.

'This money will build on our commitment to bring derelict and abandoned sites back to life, regenerating towns and cities as we level up across the country.'

Loans will be administered by Homes England through the Home Building Fund.

Chief executive of Homes England, Peter Denton, said: 'This new infrastructure funding will be a powerful catalyst for creating new homes, places and communities.'

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Finance - Children & Young People’s Service

Rotherham Metropolitan Borough Council
£75,585 - £80,726 (pay award pending)
This is a great place to work for people who want to make a real difference. Riverside House, Rotherham, South Yorkshire
Recuriter: Rotherham Metropolitan Borough Council

MSK Specialist Instructor

North Yorkshire Council
£38,220 - £42,839 per annum, pro rata
We are seeking a passionate and skilled MSK (Musculo-skeletal) Specialist Instructor to join our team Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Business Finance Manager (Commercial Focus)

North Yorkshire Council
£55k plus up to 10% recruitment payment
A Commercial Role – Powered by Public Sector Strength Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Health and Safety Advisor

Durham County Council
£35,412 to £39,152 p.a. (Grade 9) pay award pending
An exciting opportunity has arisen within Health and Safety for a Health and Safety Advisor. This post is temporary to cover a period of maternity le Durham
Recuriter: Durham County Council

Street Lighting Highways Operative

Durham County Council
£28,142 - £31,022 (pay award pending)
Highways Services are looking for a Highways Operative (Street Lighting). To ensure the efficient and effective undertaking of civil engineering activ Peterlee
Recuriter: Durham County Council
Linkedin Banner