New funding for South East's community infrastructure
Councils and communities in the South East which back new homes will get extra help with infrastructure, Housing and Planning Minister Yvette Cooper announced today as she set out the allocation of £732m to local councils in the Growth Areas and Growth Points for services like transport, schools, health centres and parks. The new Community Infrastructure Levy (CIL) proposed in the Planning Bill could also fund £100ms, nationally.
Today's investment will help local authorities fund community facilities and services to back the construction of two million new homes by 2016. The money, which will be available over the next three years, will benefit over 68 towns and cities across England, including Milton Keynes, Oxford, and Maidstone, which have already volunteered for housing growth as existing growth areas or growth points.
The new funding will, for the first time, give local authorities greater flexibility in deciding where money is needed most, without needing to bid to the Government to fund specific projects. The money will complement mainstream funding for transport, education and health services.