Govt measures will 'provide thousands of new homes'
A range of new measures, revealed on Tuesday (December 2nd), will provide thousands of new homes, according to the government.Eric Pickles, communities secretary, believes the initiatives will support locally-led efforts to help the UK begin constructing houses, hopefully gaining the same momentum seen in 2010, when house building levels hit a seven-year high.The new measures include the transformation of Bicester into a garden city, which will provide up to 13,000 new homes, and the provision of 10,000 properties on surplus public sector land at Northstowe in Cambridgeshire.In addition, a new target to release enough surplus public sector land for 150,000 new homes to be built between 2015 and 2020 was announced. The government will also support the construction of 11,000 properties at Barking Riverside in East London and 7,5000 as part of the redevelopment of Brent Cross.An affordable homes programme was also unveiled, which aims to provide 275,000 new homes in the next five years - marking the fastest rate of building for this type of property in the last two decades. The first four housing estates to be shortlisted for a share of a £150 million funding pot to kickstart their radical regeneration will also be announced soon.Commenting on the new measures, Mr Pickles said: "We’ve seen how getting the country building has been key to our long term economic plan - helping hard-working people become homeowners and creating thousands of construction jobs."Housing minister Brandon Lewis added: "Today’s package of measures will ensure we go further, delivering up to a quarter of a million new homes - including thousands of new affordable homes."Since 2010, over 200,000 new affordable homes have been constructed in England, and plans are already in place to invest £23 billion of public and private funding to provide 165,000 new builds over the next five years.Mr Lewis believes that the recently-revealed initiatives will support the construction industry - which the government has identified as a key part of the UK's economy - for years to come by creating thousands of new jobs.
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