{"id":13901,"date":"2018-03-26T12:15:21","date_gmt":"2018-03-26T11:15:21","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=13901"},"modified":"2018-03-26T12:15:21","modified_gmt":"2018-03-26T11:15:21","slug":"greater-manchester-chosen-to-receive-share-of-300m-funding-pot","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/greater-manchester-chosen-to-receive-share-of-300m-funding-pot\/","title":{"rendered":"Greater Manchester chosen to receive share of \u00a3300m funding for housing"},"content":{"rendered":"

Three areas of the UK have been selected by the government to receive a share of almost \u00a3300m in funding to go towards building homes and supporting infrastructure, including the provision of more affordable housing.<\/strong><\/p>\n

Greater Manchester<\/a>, Oxfordshire<\/a> and the west of England<\/a> will get the allocated funding to enable them to deliver more new housing to meet the government’s annual 300,000 quota, after they were deemed “ambitious areas” with some of the highest demand for housing<\/a> in the country at the moment.
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\nOf the total Housing Investment Fund, Greater Manchester will receive around \u00a370m, of which \u00a350m will go towards the development of brownfield land, with \u00a310m going specifically towards the regeneration of inner Manchester’s Collyhurst area and \u00a38m for increasing staffing capacity to facilitate the investments. There will also be added flexibility included in the fund to enable more loans to be granted to developers<\/a> in order to boost house building.<\/p>\n

Housing secretary Sajid Javid said: “This government is determined to build the homes this country needs. That\u2019s why we\u2019re working with ambitious areas across England<\/a> and backing them with investment and support.<\/p>\n

“We\u2019re also investing in local infrastructure like schools, roads and hospitals, so that we can help unlock even more new homes in the areas where they\u2019re needed most and build a Britain fit for the future.”<\/p>\n

Building on brownfield to save green space<\/h4>\n

The remaining \u00a3218m of the total fund is expected to almost double the number of new homes being delivered in the west of England from roughly 4,000 to 7,500, while Oxfordshire should benefit from an additional 100,000 new homes by 2031.<\/p>\n

Speaking after the Greater Manchester investment was announced, Metro Mayor Andy Burnham<\/a> said that the funding would bring the area closer to its ambitions by enabling more building on brownfield sites.<\/p>\n

He added: “As we look to build the homes Greater Manchester needs, we must do everything we can to make sure as much brownfield land as possible is made available for development. This is the best way to ensure we minimise the impact on our green spaces.<\/p>\n

“But this isn\u2019t just about numbers of homes and land for development. I\u2019ve been clear that I want to see more truly affordable homes<\/a> built and more homes available for social rent across Greater Manchester.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Three areas of the UK have been selected by the government to receive a share of almost \u00a3300m in funding to go towards building homes and supporting infrastructure, including the provision of more affordable housing. Greater Manchester, Oxfordshire and the west of England will get the allocated funding to enable them to deliver more new… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":13930,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[349,42,6],"tags":[117,341],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/13901"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=13901"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/13901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/13930"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=13901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=13901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=13901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}