Javid creates £600m infrastructure pot to support housebuilding

19 Aug 19

A £600m package will be given to infrastructure projects to create 50,000 new homes in high-demand areas in England, the chancellor has announced.

A total of five new infrastructure projects in London, Central Bedfordshire and Essex will benefit from the funding, which will be available through the Housing Infrastructure Fund. 

The government said that while there are many sites in the country that could be used for new housing projects, many lack the infrastructure needed to make building homes on them viable. 

Announcing the funds on Saturday, chancellor Sajid Javid said: “I want to see more homes built in the places people want to live, so more people realise the dream of homeownership. 

“But we need the roads, rail links, and schools to support the families living in those homes, which is why I set up a fund to put in place the infrastructure to unlock new homes in these areas.” 

The HIF, which was set up by Javid during his time as communities secretary, has allocated £1.3bn to deliver up to 76,000 homes. 

Robert Jenrick, current communities secretary, said: “To build more, we need to provide the infrastructure and public services to match. This package will support existing communities and ensure they receive the roads and schools to sustain the homes being built.” 

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