The funding, which will be distributed among 54 local authorities in England, is anticipated to provide 5,200 homes on challenging-to-build locations such parking lots and former industrial land.
During the five years of this government, 1.5 million homes would be built, according to Labour’s plan.
“Rolling up its sleeves and delivering the change the British people deserve” is how Sir Keir Starmer described the extra funds.
Since it is a component of the second brownfield land release fund (BLRF2), which was established by Boris Johnson during his tenure as prime minister, the funding is not technically new.
It has already given authorities £95 million to assist in the construction of an anticipated 6,800 dwellings.
The Labour administration has decided to grant only £68 million out of the £80 million that was made available in the fund’s third round.
In addition to increasing home construction, our brownfield-first strategy will provide much-needed infrastructure, generate more jobs, and stimulate national economic growth.
The following projects were given financing in this round: £2.2 million for 80 homes on a former industrial site in Eastbourne; £1.7 million for over 100 units on brownfield land in Weston-Super-Mare; and £2.9 million for 220 homes on an empty site in Manchester.
