Housing Infrastructure Fund :Written Statement

The Government announces that we will invest £866 million to help unlock up to 200,000 new homes through 133 Marginal Viability Fund projects, within the Housing Infrastructure Fund. The Government has set out a plan that puts us on track to increase housing supply to 300,000 homes a year and this first wave of funding from the £5 billion Housing Infrastructure Fund is part of a comprehensive programme to fix the broken housing market. This investment will fund key local infrastructure projects including new roads, cycle paths, flood defences and land remediation work where it is needed for new housing to be built. Without this financial support, these projects would struggle to go ahead or take years for work to begin, delaying the homes these communities need.

http://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-02-01/HCWS440