Mark Garnier MP has welcomed the announcement today of £2.7million for the Churchfields development in Kidderminster. The government has announced £866 million investment in local housing projects to help get up to 200,000 extra homes built. In Wyre Forest this could deliver 240 homes by 2022, and 382 homes in total. This funding will support local work that will make housing developments viable and get much-needed homes built more quickly. Without this financial support these projects would struggle to go ahead or take years for work to begin.
This government is committed to building 300,000 homes a year by the mid-2020s so more people are able buy a home of their own. The funding announced today is the first wave of funding from the £5 billion Housing Infrastructure Fund which is part of our comprehensive programme to fix the broken housing market that has left too many struggling to afford a place of their own. This latest investment will fund key local infrastructure projects including new roads, cycle paths and land remediation work, all essential ahead of building the homes.
Mark Garnier commented:
‘It’s great news that Churchfields, Kidderminster has been allocated £2.7 million, in addition to the £1million announced in the Autumn of 2017 via the Worcestershire LEP, so we can help ensure we build the homes people need.”
This marks the first step of the multi-billion pound investment the Chancellor announced at the Budget to help build the homes the country needs.