Published: 29th Oct 2019

Funding of £10m will allow councils to develop locally-led proposals to deliver new towns and economic growth opportunities.  As part of the Prime Minister’s commitment to ‘level up’ every place in the UK, the government wants local leaders to draw up proposals for thousands of new homes to boost local growth and deliver new jobs after Brexit. Councils will compete to win a share of the funding by submitting transformational proposals. The fund will be open nationwide and in order to win the funding, councils will be expected to demonstrate that they want to build not just houses, but new infrastructure and communities where people want to live. Development corporations can help by providing and coordinating the plans for new development. Sir George Lacobescu, CEO of the Canary Wharf group will then advise the housing secretary, Robert Jenrick, on which projects to take forward. Mr. Jenrick said: ‘We want to … (To read the full article, subscribe below)