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Housing Infrastructure Fund releases £250m

1 Nov 19 The government has approved the released of a further £250m from its Housing Infrastructure Fund to support six infrastructure project.

The six projects across south and central England will pave the way for the development of more than 20,000 new homes.

The enabling infrastructure to be funded by the 拢250m includes road improvements, a water treatment works and a school.

The winning local authorities are: Surrey, Suffolk, Rutland, Oxfordshire, Kent and Leicestershire county councils.

Chancellor of the Exchequer Sajid Javid said: 鈥淲hen I was Housing Secretary I set this fund up to help ensure homes can be built in areas that need it the most, and enable people to live where they want.

鈥淚 have now launched an infrastructure revolution and this step-change in funding will ensure that all parts of the country benefit as we level-up opportunities. This 拢250m will increase the number of houses available to buy and help support people to achieve their dream of home ownership.鈥

The projects selected for funding in this round are:

Project Funding Number of homes that it unlocks
鈥楽lyfield Area Regeneration Project鈥 bid from Surrey County Council to support the reallocation of a water treatment facility 拢52.3尘 1,500 homes
鈥楨ast of Ipswich Strategic Highway Works鈥 bid from Suffolk County Council to deliver transport infrastructure 拢19.8尘 2,000 homes
鈥楽t George鈥檚 Barracks鈥 bid from Rutland County Council to deliver a new school and infrastructure 拢29.4尘 2,245 homes
鈥楢40 Smart Corridor鈥 bid from Oxfordshire County Council 拢102尘 5,050 homes
鈥楽wale Transport Infrastructure鈥 bid from Kent County Council to deliver road improvements to two junctions of the A249 拢38.1尘 7,899 homes
鈥楳elton Mowbray Southern Distributor Road鈥 bid from Leicestershire County Council 拢14.7尘 2,340 homes

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