Northamptonshire councils given Â£1.1m housing boost
Four councils in the county have been given Â£1.1m in funding to speed up house building and deliver thousands of new homes.
Housing minister MP Gavin Barwell announced today (Tuesday) that 98 local authorities will share a pot of £16.5m.
Of that £16.5m, £1.1m will be shared between Corby Council, East Northants Council, Kettering Counciland Wellingborough Council.
Gavin Barwell said: “To fix our broken housing market, we need to speed up building more homes in the places people want to live.
“Through this multi-million pound investment, we’re giving councils the tools they need to tackle delays and get builders on site much faster.”
Launched in November last year, the ‘capacity fund’ will equip councils with the resources to deliver large-scale housing projects and resolve planning issues that can delay builders getting on site.
The schemes could deliver up to 800,000 new homes nationwide and provide supporting infrastructure.
Capacity funding offers crucial investment for councils to obtain additional resources and expertise vital to the progress of these complex developments.
Across the country funding will be used on large sites of 1,500 units or more, and Housing Zones, which prioritise the development of brownfield land.
Developers are also able to apply for funding from the £3 billion Home Building Fund.