A £13m Government grant is set to speed up the creation of over 1,000 new homes in Leicestershire.
Homes England announced today that the county council will receive £13.2m to kickstart development of land in Melton Mowbray, Lutterworth and Snibston in Coalville.
County Council leader, Nick Rushton, has welcomed the news: “This is excellent news. Leicestershire is growing and planning ahead to ensure communities have the right roads and infrastructure in the right place.
“By working with Government to secure vital funds, we’re unlocking millions of pounds to invest in much-needed new homes, infrastructure and regeneration.”
The money will:
- help to open up a 44-acre site to develop 649 new homes in Lutterworth – part of bigger plans to develop 2,750 new homes currently being considered by Harborough District Council
- provide £4.4m towards infrastructure costs to support develop 290 homes on a site to the north of Melton Mowbray, close to the A606 Nottingham Road
- support the redevelopment of land for 144 new houses in Snibston, Coalville, as well as wider regeneration of the area
Kit Malthouse MP, Minister of State for Housing, said: “We haven’t built enough homes in this country for far too long – and our accelerated construction programme is here to change that, and fast.
“This £13.2 million funding boost is going to help bring 1,000 new homes to Leicestershire using modern methods that significantly cut down on construction time.
“The Midlands is an important part of our drive to keep building more, better, faster and meet our ambition to build 300,000 homes a year nationally by the mid-2020s.”