SOME 300 government projects will share a £900million investment to build homes, infrastructure and create jobs as part of the Covid-19 economic recovery.
The successful projects in England will get cash from the Getting Building Fund.
Communities Secretary Robert Jenrick said the funding will ‘give a much needed boost’ to the economy[/caption]
300 government projects will share a £900million investment to build homes, infrastructure and create jobs[/caption]
The investment is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce 65 million kg of CO2 emissions across the country.
Housing Secretary Robert Jenrick said the funding will not only “give a much needed boost” to the country’s economic recovery after the pandemic, but will also “help build the good quality, affordable homes the country needs”.
Recipients of the funding include £23 million for the first phase of the development of a commercial space at Mayfield Park in Greater Manchester, which is expected to create 3,200 jobs.
Also listed are a £14.88 million investment to accelerate the National Brownfield Land Institute, a project aiming to create a leader in sustainable construction and £12 million to support a new high-speed railway station in Thanet, Kent.
Mr 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 £1.3 billion investment announced today.
“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.”
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Meanwhile London’s coronavirus heroes will be given access to discounted homes to rent and buy under new plans being launched today.
Currently only those on the lowest incomes can access social housing.
But London Mayor Sadiq Khan is opening up social and affordable homes to nurses, teachers and others on ‘intermediate incomes’ in recognition of their heroic work during the coronavirus crisis.
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