Government invests £142 million in building communities to deliver homes

Thousands of homes will be built in growing communities as a result of a £142 million investment in infrastructure, the Housing Minister Kit Malthouse MP confirmed.

The money will be spent on widening bridges, building roads and connecting utilities so up to 8,500 properties can be built.

The spending, under the Housing Infrastructure Fund, is all part of the government’s drive to deliver 300,000 homes a year by the mid-2020s.

The funding comes from the government’s £5.5 billion Housing Infrastructure Fund so that land can be made ready for development. Money is allocated to authorities after a competitive funding allocation process.

Woking

Government will invest £95 million in Woking, Surrey, which will unlock land to build up to 4,500 homes in the town. The money will pay to widen the Victoria Arch Bridge, to pay for road improvements, buying land and connecting utilities. The project, which is being delivered by Surrey County Council, is expected to significantly reduce congestion in the area, as well as opening up land for housing.

Truro

An extra 4,000 homes will be built as a result of a £47 million investment in new road links in Truro, Cornwall. The funding will be spent on a new northern access road, connecting sites from the A390 in the west to the Royal Cornwall Hospital and employment hub in the east.

(Published by the Ministry of Housing, Communities & Local Government: 11 June 2019)