Almost £250m of housing deals has been announced by Communities Secretary James Brokenshire to deliver 25,000 much-needed homes across the UK
As part of the housing deals, the government will be devoting £157m to infrastructure such as building roads and putting natural green space alongside developments.
A new partnership has also been announced by the government’s housing accelerator Homes England to build over 10,000 properties on Ministry of Defence land on 7 military bases across the country.
In London, more than 1,500 new homes will be built at London’s Queen Elizabeth Olympic Park thanks to a £78m loan helping to fund the development.
The Communities Secretary, Rt Hon James Brokenshire MP, said: “We delivered 222,000 homes last year which is the highest number in a decade, but we must keep upping our game.
“We are invoking the spirit of Britain’s post-war push to build as we strive to hit our target of 300,000 new homes a year by the mid-2020s, for the first time since the days of Harold Macmillan.
“By investing in infrastructure, freeing up public sector land and offering targeted loans we are making the housing market work.
“These deals struck today will help us build almost 25,000 more homes – which is another symbolic step towards our homebuilding targets.”
