Government awards £105m to bridge housing viability gap

Chancellor Philip Hammond and Communities Secretary Sajid Javid have confirmed the first round of allocations from the £5bn Housing Infrastructure Fund, backing 18 projects across the region with awards of between £300,000 and £12m.

A £2.5bn HIF was first announced by Hammond in the 2016 Autumn Statement, and was then doubled to £5bn in the November 2017 budget.

Nationally, £866m is due to be invested in 133 council-led housing projects, to make the developments more viable by funding roads, cycle paths, flood defences and land remediation.

In the North West, the biggest winner was Bolton Council, which has been granted £12m for remediation at Rivington Chase. Other projects which were allocated more than £10m each include a new link road in Macclesfield, remediation at Manchester’s New Victoria, and Tameside’s Godley Green garden village.

The full list of schemes awarded money in the region are:

  • Bolton: £12m for roadworks and remediation at Rivington Chase
  • Macclesfield: £10m for link road
  • Manchester, New Victoria: £10m for remediation
  • Crewe: £10m for link road
  • Tameside: £10m for Godley Green garden village
  • Carrington: £8.4m for land remediation
  • Partington, Trafford: £6.7m for land remediation
  • Wirral Waters: £6m for land remediation
  • Weir Mill, Stockport: £5.6m for abnormal conversion costs
  • Oldham: £4.9m for road at Broadway Green
  • Trafford Waters: £4m for remediation
  • Blackpool: £3.8m for M55 link road
  • Warrington: £3.6m for Centre Park link
  • Manchester, Moss Side Integrated Care Centre: £3.3m
  • Ellesmere Port: £3m for railway footbridge
  • Stockport Interchange: £2.6m for a green park
  • Chapel Street, Salford: £1.1m
  • Stockport, Hopes Carr: £300,000 for remediation

Javid said: “Our priority is building the homes this country desperately needs. This first wave of investment totalling £866m will help get up to 200,000 homes off the ground, making a huge difference to communities across the country.”

Bids from the highest tier of local authorities for up to £250m for high-impact infrastructure projects have also been made, and will be selected this autumn.

An interactive map is available to show all the projects which have received funding

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