Published: 16th Jan 2019

Around 8,500 new homes will be built across Northamptonshire after the government pledged to invest £70m into the area. The two new residential schemes, paid for by a loan from the government’s housing delivery agency Homes England, will create 5,500 homes in Kettering and an initial 3,000 homes in Wellingborough. The government said that the two schemes – which have a projected combined value of £2.5bn across their planned 20 year lifetime – will also create around 3,000 jobs along with schools, leisure and commercial space. The investment has been agreed as part of Homes England’s £4.5bn Home Building Fund, which funds development and infrastructure for home builders. The £70m loan will be used to create roads, utilities and other works to enable the two schemes to be delivered. Housing minister Kit Malthouse said: ‘I am delighted to hear shovels are already in the ground as builders set about delivering … (To read the full article, subscribe below)