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

Transport and Major Work Manager

Slough Borough Council
£54,556 to £60,085 per year Inclusive of Local Weighting Allowance of £1096
Drive the future of transport and infrastructure in Slough Slough, Berkshire
Recuriter: Slough Borough Council

Senior Planning Policy Officer

Hyndburn Borough Council
£38,220 to £39,862
Hyndburn is a great place to work. Accrington, Lancashire
Recuriter: Hyndburn Borough Council

Homelessness Prevention and Solutions Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£38,976 - £47,229 per annum
Job Title
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Digital Infrastructure Manager

Hyndburn Borough Council
£39,152 - £41,771 per annum
We are looking for an experienced Digital Infrastructure Manager. Accrington, Lancashire
Recuriter: Hyndburn Borough Council

Customer Contact Centre Officer

Hyndburn Borough Council
£26,824 - £28,598 per annum
This is a versatile, busy and demanding role which requires an in depth knowledge of all customer facing services. Accrington, Lancashire
Recuriter: Hyndburn Borough Council
Linkedin Banner