Funding boost to support Bexley in unlocking land to build homes
PUBLISHED: 07:00 17 February 2018
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A £6.1m cash injection into key community projects will help kick-start the building of 762 new homes across London and the South East, including Bexley.
Housing minister Dominic Raab announced the news today (February 16), which comes as part of the government’s drive to get Britain building homes again.
A total of 12 projects from Lambeth to Brighton will receive funding to support building homes on council owned land.
To support local councils across the country to meet their ambition to unlock enough of land they own for at least 160,000 homes by 2020, they will be able to use the Land Release Fund money to combat barriers which would otherwise make land unusable for development.
The projects – which aim to support building strong communities - include a range of necessary works such as decontaminating land, strengthening retaining walls and improving infrastructure, as well as schemes that will significantly improve quality of life such as relocating schools to better premises.
The move comes two weeks after projects set to benefit from the first wave of funding from the £5bn Housing Infrastructure Fund were announced, helping to get up to 200,000 homes off the ground through investment in local housing projects.
Housing and planning minister Dominic Raab said: “We are investing £6.1 million to build roads and provide utilities, so councils can release the land to get up to 762 new homes built.
“It’s part of our strategy to build the homes Britain needs, and carry local communities with us.
“We’re determined to make buying or renting more affordable for young families and those on low or middle incomes.”
For Bexley this will enable the borough to undergo site clearance and improve ground conditions suitable for housing.
The £250,753 grant will deliver up to 60 homes.
The fund is being administered through a partnership with the Local Government Association and Cabinet Office’s One Public Estate (OPE) programme, which make the best use of public sector land and resources through practical advice and support.
OPE already works with 90% of councils in England to transform local communities and services through large scale economic growth, delivering new jobs and new homes.