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

Key Worker - Young Carers

Essex County Council
Up to £28621.00 per annum
Key Worker - Young CarersPermanent, Full Time£28,621 per annumLocation
Recuriter: Essex County Council

Head of Service - Highways and Transportation

North East Lincolnshire Council
£77,899
We are seeking an exceptional leader to take on the role of Head of Service – Highways & Transportation North East Lincolnshire
Recuriter: North East Lincolnshire Council

Director of Education

Birmingham City Council
£135,398 to £175,519 (3 days per week on site)
Leading Collaboration. Strengthening Trust. Improving Outcomes Birmingham, West Midlands
Recuriter: Birmingham City Council

Executive Director of Prosperity and Place

East Riding of Yorkshire Council
£148,775 - £159,480
We are seeking an exceptional Executive Director of Prosperity and Place East Riding of Yorkshire
Recuriter: East Riding of Yorkshire Council

Social Worker

Durham County Council
Grade 9 £35,412 - £39,152(Pre-Progression) / Grade 11 £40,777 - £45,091(Post-Progression)
This is an exciting opportunity to join the Next Steps Team in Durham, a developing and ambitious service that prepares young people in care for indep Durham
Recuriter: Durham County Council
Linkedin Banner