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04/08/2020

Jenrick commits cash for 45,000 homes

Words: Laura Edgar
Money / iStock-185267728

Housing secretary Robert Jenrick has committed £1.3 billion to deliver up to 45,000 homes, create 85,000 jobs, upgrade skills and improve infrastructure as part of government plans to deliver a green economic recovery from Covid-19.

More than 300 projects in England will receive a share of the £900 million Getting Building Fund. Prime Minister Boris Johnson announced this fund in June, which will see the money used to get “shovel-ready” housing and infrastructure projects started. 

The investment is also expected to reduce around 65 million kilograms of CO2 emissions across England, according to the government.

Projects that will receive funding include: 

  • £23 million: Phase one of the development of commercial space at Mayfield Park in Greater Manchester, which is expected to deliver 3,200 jobs and attract over one million visitors a year.
  • £14.88 million: To bring forward the National Brownfield Land Institute, which aims to create a leader in sustainable construction.
  • £12 million: Support a new high-speed railway station in Thanet, Kent, to improve local transport and create 800 new jobs.
  • £12 million: To launch SmartParc’s high-tech food manufacturing campus in Derby. Work on the campus is scheduled to start in the first quarter of 2021.

The government has also allocated £360 million from the £400 million brownfield fund for mayoral combined authority areas to deliver a further 26,000 new homes while protecting greenfield sites. This comes from the £400 million brownfield fund. Another £8 million of funding will go towards speeding up the delivery of these new homes on brownfield sites, with the government inviting bids from the mayoral combined authorities for the remaining £40 million of the Brownfield Fund.

Jenrick said: “As we get Britain building, we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally friendly homes with a huge £1.3 billion investment announced today.

“This government is determined to level up all parts of the country and this funding will not only give a much-needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.”

The  £2 billion Green Homes Grant scheme will see the government fund up to two-thirds of the cost of home improvements, such as insulation and the installation of low-carbon heating, of more than 600,000 homes. As part of the scheme, tradespeople must register for TrustMark accreditation to take part. 

Low-income households can receive vouchers covering 100 per cent of the cost of the improvements, up to a maximum of £10,000.

Energy secretary Alok Sharma said: “Green home improvements will save people money on their energy bills, help to cut carbon emissions, and create new work for many thousands of builders, plumbers and other tradespeople. Our TrustMark scheme will guarantee that building work is completed to a high standard by accredited tradespeople, ensuring consumers are fully protected.”

Image credit | iStock

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