Chris Ames 04 August 2020

Winners of £900m for shovel ready schemes are announced

Ministers have announced the 300 schemes that will receive a share of the £900m Getting Building Fund and confirmed £360m for mayoral combined authorities to fund homes on brownfield land.

The Government described the cash as part of its comprehensive plan to deliver upgrades to local infrastructure and boost skills to help fuel a green economic recovery.

Officials said the £900m for shovel-ready housing and infrastructure projects is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce around 65 million kg of CO2 emissions across England.

The cash was allocated following negotiations between bidders and the Government to narrow down longer wish lists submitted during the first stage of the process.

Housing secretary Robert Jenrick said: ‘As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3bn investment.

‘This Government is determined to level up all parts of the country and this funding will not only give a much needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.’

This article first appeared on Transport Network.

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