Greater Manchester is set to receive £68 million funding to support an ambitious target of delivering 227,200 homes by 2035 and boost economic growth across the Northern Powerhouse.
This funding will support a focus on developing brownfield land for housing and getting more homes built on small sites.
The Government package includes:
- £50 million for a Land Fund to help councils in the region to prepare brownfield land for housing development
- taking 4 Housing Infrastructure Fund projects through to the next stage of assessment for funding
- up to £8 million for capacity funding to boost support for housing delivery across the region
- £10.25 million funding to help regenerate the Collyhurst Estate in north Manchester
- new flexibilities on the existing £300 million Housing Investment Fund to allow more homes to be delivered through loans to developers:
Mayor of Greater Manchester Combined Authority Andy Burnham said:
“I welcome this Housing Deal from government and the £50 million Greater Manchester’s Leaders have secured that will allow us to build on more of Greater Manchester’s brownfield sites.
“It brings us closer to our ambitions and is a clear statement of intent as we move towards publishing the rewritten Greater Manchester Spatial Framework.
“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.
“But this isn’t just about numbers of homes and land for development. I’ve been clear that I want to see more truly affordable homes built and more homes available for social rent across Greater Manchester.
“I also want the rewritten Greater Manchester Spatial Framework to specify a date by which all new homes built across Greater Manchester should be net zero carbon. This is all part of my ambition.”