Thursday, 24 November 2011

Public Land for 83,500 Homes Identified

The government has now identified plots for 83,500 homes on government–owned land. The government has committed itself to getting departments and quangos to identify publicly-owned land that can be used for housing, in order to kick-start development, and said it had identified plots for 50,000 homes at the time of the Tory party conference in October. “Coalition insiders” now say the figure has now risen to 83,500. The figure will form part of the expected 29 November announcement of a housing strategy and infrastructure plan to boost growth in the British economy. Weekend reports said the combined package, to be launched alongside the chancellor’s autumn statement, will be worth £50bn, but with most of the money coming from the private sector. Read more on the Building website.

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